Panic takes over amid market talks of a US strike on Iran

Source Fxstreet

Markets enter panic mode on headlines indicating United States (US) President Donald Trump has become more inclined to strike Iran's nuclear facilities, according to senior White House officials, as cited by Fox News.

President Trump is meeting with his National Security Council according to the White House, and is expected to offer a statement on the matter afterward.

Market reaction

The US Dollar (USD) accelerated its advance with mounting fears, with the Dollar Index (DXY) hovering around 98.80 at the time of writing.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold Price Forecast: XAU/USD rallies to $3,820 amid a potential US government shutdownGold is trading above $3,800, after hitting fresh all-time highs at $3,819 on Monday's European session.
Author  FXStreet
17 hours ago
Gold is trading above $3,800, after hitting fresh all-time highs at $3,819 on Monday's European session.
placeholder
Silver Price rallies to $47.00 with US Government shutdown looming Silver remains bid on US Dollar weakness, at 4-year highs, near $47.00.
Author  FXStreet
16 hours ago
Silver remains bid on US Dollar weakness, at 4-year highs, near $47.00.
placeholder
Bitcoin Still Below Peak as Gold Climbs—Is a Catch-Up Rally Imminent?Gold prices climbed to a new all-time high in Asian trading hours on Monday, with spot prices surging to $3,800 per ounce.
Author  Beincrypto
16 hours ago
Gold prices climbed to a new all-time high in Asian trading hours on Monday, with spot prices surging to $3,800 per ounce.
placeholder
Global stocks, currencies, bonds, Bitcoin, oil and gold are all surging todayGlobal stocks climbed as Dow futures rose 17 points, S&P 500 and Nasdaq futures stayed flat, and European and Asian indexes posted broad gains.
Author  Cryptopolitan
15 hours ago
Global stocks climbed as Dow futures rose 17 points, S&P 500 and Nasdaq futures stayed flat, and European and Asian indexes posted broad gains.
placeholder
Alibaba surges 50% in September, tops Hang Seng tech indexThe Hong Kong-listed stock rose as much as 4.1% to over HK$173 during Monday’s session.
Author  Cryptopolitan
15 hours ago
The Hong Kong-listed stock rose as much as 4.1% to over HK$173 during Monday’s session.
Related Instrument
goTop
quote