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Israel attack on Iran sparks a gold rush for investors
The Journal
|June 14, 2025
INVESTORS were flocking to gold yesterday after Israel's attack on Iran sparked a demand for the safe haven asset.
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The rush sent gold prices up 1% to their highest level in nearly two months at $3,441.90
The bullion pulled on track for a weekly gain as the Middle Eastern conflict ramped up.
Shares in gold miners Fresnillo and Endeavour each climbed 1% in early trading.
Ricardo Evangelista, senior analyst at ActivTrades, said: “The heightened risk environment triggered a flight to safety across financial markets, boosting demand for haven assets such as gold.”
This story is from the June 14, 2025 edition of The Journal.
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