Keyword → Iran military strike

Feb 20, 2026

Gold Surges Past $5,044 as U.S. Military Strikes on Iran Seen as Imminent, Oil Markets on Edge

Gold prices surged to $5,044 per ounce on Friday as reports circulated that U.S. national security officials have briefed President Trump that the military is prepared for potential strikes on Iran, sending safe-haven assets sharply higher and pushing silver above $80 per ounce, while defense stocks and energy equities rallied on the prospect of broader Middle East conflict.

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gold prices Iran military strike geopolitical risk oil prices safe-haven assets defense stocks commodities Middle East

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