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Safe havens rally as Middle East tensions unsettle markets
Gold hit record highs and oil prices rose as renewed Iran-related tensions boosted safe-haven demand and revived concerns over energy supply disruptions.
Gold prices surged to fresh records while oil advanced as renewed tensions involving Iran unsettled energy markets and lifted safe haven demand. Investors moved into bullion amid geopolitical risk, dollar uncertainty, and rate outlook shifts. Crude gains reflected supply disruption fears in the Middle East. Analysts warned volatility may persist as markets track diplomacy, sanctions risks, and central bank signals during fragile global conditions ahead.