Gold, Silver, and Crude Oil Prices Surge Following Trump's Renewed Threats Against Iran

Deep News
4 hours ago

On the morning of February 11, gold, silver, and crude oil prices experienced a sharp upward surge. At the time of reporting, spot gold was trading at $5,046 per ounce, up 0.37%; spot silver stood at $81.449 per ounce, rising 0.86%; and WTI crude oil reached $64.3 per barrel, increasing by 0.53%.

The price movement followed renewed pressure from U.S. President Donald Trump on Iran. Trump stated that he is considering deploying an additional U.S. aircraft carrier strike group to the Middle East if negotiations with Iran fail to yield results, preparing for potential military action.

Previously, an unnamed U.S. official indicated that the USS Abraham Lincoln carrier strike group had already entered the U.S. Central Command's area of responsibility in the western Indian Ocean. Should the White House order strikes against Iran, the carrier group could theoretically launch military operations within "a day or two."

Trump anticipates that the second round of U.S.-Iran negotiations will take place next week. He emphasized that any agreement with Iran must address not only nuclear issues but also Iran's ballistic missile program. He added, "We can reach a very good deal with Iran."

In U.S. markets, the three major indices closed mixed on February 10, with the Dow Jones Industrial Average continuing to hit record highs. Among large-cap tech stocks, most declined. Google fell over 1%, Nvidia dropped 0.79%, and Apple decreased by 0.34%.

Most U.S.-listed Chinese stocks advanced, with the Nasdaq Golden Dragon China Index up 0.87%. Hesai Technology surged more than 6%, while Canadian Solar and Tencent Music each rose over 3%. Alibaba and Li Auto gained more than 2%, and XPeng, NIO, and JD.com each increased over 1%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10