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International Geopolitical Tensions Escalate, Gold, Silver, and Oil Surge Across the Board, Gold Futures Surge Above $4600 per Ounce for the First Time
BlockBeats News, January 12: The U.S. is accelerating plans for action against Iran, and Trump will listen to "potential options for action against Iran" this Tuesday. Trump today said that he is considering very strong options against Iran, and the military is studying the matter.
At the same time, Trump issued a final ultimatum to Cuba, stating either to reach an oil agreement or collapse. With Maduro being forcibly removed and the U.S.-backed $20 billion oil agreement advancing, Trump announced a complete cutoff of funding and energy sources to Cuba. Venezuela will no longer send any oil or funds to Cuba, and the severely power-deprived and resource-scarce Cuba is facing a life-and-death test.
According to Bitget market data, spot silver surged by 4.00% intraday, now trading at $83.14 per ounce. Spot gold broke through $4580 per ounce, hitting a new high, up 1.56% intraday. International gold futures first reached $4600 per ounce. Brent crude oil futures, after a cumulative surge of nearly 6% last Thursday and Friday, the largest two-day gain since October last year, are now heading towards $64 per barrel; WTI crude oil futures are approaching $60 per barrel.
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