{"id":14232,"date":"2025-06-23T12:14:16","date_gmt":"2025-06-23T12:14:16","guid":{"rendered":"https:\/\/axevera.com\/?p=14232"},"modified":"2025-06-23T12:14:17","modified_gmt":"2025-06-23T12:14:17","slug":"gold-price-soars-near-record-high-after-israeli-strike-on-iran","status":"publish","type":"post","link":"https:\/\/axevera.com\/en\/2025\/06\/23\/gold-price-soars-near-record-high-after-israeli-strike-on-iran\/","title":{"rendered":"Gold Price Soars Near Record High After Israeli Strike on Iran"},"content":{"rendered":"\n

Introduction<\/h3>\n\n\n\n

The price of gold surged sharply following Israel\u2019s overnight strike on Iran, reaffirming its role as a safe haven during geopolitical turmoil. The precious metal reached $3,440 per troy ounce<\/strong>, nearing its all-time high of $3,500 from late April. Analysts note that investors are moving into gold, while other assets like bitcoin, silver, and palladium<\/strong> have shown weakness.<\/p>\n\n\n

\n
\"\"<\/figure><\/div>\n\n\n

Gold up 29% YTD, 40% year-over-year<\/h3>\n\n\n\n

Gold has seen a steady climb throughout 2025. From January to the end of May, the gold price rose by 29%<\/strong>, and on a year-over-year basis, the increase reached 40%. In comparison, Bitcoin rose only 12%<\/strong> over the same period.<\/p>\n\n\n\n

Analyst Pavel Ryba<\/strong> points out that unlike cryptocurrencies and industrial metals, gold retains strong support in times of both economic and geopolitical uncertainty.<\/p>\n\n\n\n


\n\n\n\n

Israeli Attack on Iran Sparks Market Reaction<\/h3>\n\n\n\n

The latest gold price spike was triggered by Israel\u2019s military strike on Iran. In response, investors rushed to gold, pushing its value up by nearly 2% in a few hours<\/strong>, reaching $3,440 per ounce<\/strong>.<\/p>\n\n\n\n


\n\n\n\n

Bitcoin, Silver, and Palladium Fall<\/h3>\n\n\n\n

In contrast, Bitcoin<\/strong> dropped significantly following the escalation. It fell from $108,800 to below $103,000 and later stabilized around $105,000 \u2014 a 3% decline.<\/p>\n\n\n\n

Other industrial metals also declined:<\/p>\n\n\n\n