EUR/USD
1.18153
0.158%
Gold
5263.32
1.523%
Oil
67.175
2.731%
USD/JPY
156.171
0.028%
GBP/USD
1.34769
-0.043%
GBP/JPY
210.475
-0.006%
Real-time News
March 1st - On March 1st local time, Iran released footage showing the successful strike of a US MQ-9 drone. The Public Relations Department of the Iranian Islamic Revolutionary Guard Corps announced on the same day that the Revolutionary Guards air defense system, using an integrated air defense network controlled by the system in southern Iran, locked onto and destroyed a US military MQ-9 drone. The MQ-9 is the first attack drone designed specifically for long-range high-altitude surveillance.March 1st - Ole Hansen, Head of Commodity Strategy at Saxo Bank: Theres no doubt that the US-Israeli military action against Iran is a worrying escalation that will prompt investors to flock to the precious metals and energy sectors. How significant the impact will be is anyones guess, but given last weeks momentum, I wouldnt be surprised if gold hits a new all-time high.Amazon Web Services (AWS): We expect recovery to take several hours.March 1st - KCM Trade Chief Market Analyst Tim Waterer stated that gold demand is likely to be higher than usual when markets open on Monday. Given risks such as the potential duration of the conflict, which other countries might be drawn in, and inflation concerns, gold is expected to regain its role as the preferred safe-haven asset. With stocks and other risky assets potentially facing sell-offs, investors will be looking for optimal cash reserves, and gold is likely to be at the top of that list.The UAE Ministry of Defense has responded to two Iranian drones launched at the Abu Dhabi Salam military base, with no casualties reported.
