The Middle East conflict has caused a halt in shipping in Dubai, disrupting the global circulation of gold and silver
By: www.chaincatcher.com|2026/03/04 05:45:18
0
Share
Prefer us on Google
According to Jinshi reports, as the conflict in the Middle East has led to the suspension of most air transport to and from Dubai, the circulation of gold and silver globally is facing serious disruptions. Traders indicate that this situation may further exacerbate the already highly volatile precious metal prices this year. Dubai is a significant hub for precious metal transportation, with about 20% of the world's gold circulation passing through the region last year. John Reade, senior market strategist at the World Gold Council, stated that the availability of gold supply has become an issue.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Citi Raises Gold 3-Month Price Target to $4,800 per Ounce
Breaking: Bitcoin Soars. The US May Unleash Nearly $1 Trillion in Liquidity
Gold above $5,000? What two major banks project
Zaporizhstal Announces Extended Shutdown Due to Port Blockade
Ibovespa Rises 2% as Treasury Yields Ease: How Far Will It Go?
Hyundai Union Announces Full Strike for 8 Hours on the 21st
The Hyundai Motor Company union has announced a full strike for 8 hours on the 21st after failing to reach an agreement in this year's wage negotiations. This marks the first full strike in 10 years since 2016.
Ultra Rare Nintendo Cartridges Found in Warehouse Could Sell for Millions
Two collectors discovered nearly 100 Super Mario Bros./Duck Hunt cartridges in perfect condition, manufactured in 1993, two years after Nintendo stopped producing them. Five of them received a perfect rating of 10/10 and could sell for millions at an online auction.
Copper Spread Highlights Potential Tariffs Under Trump
The price difference between U.S. COMEX copper futures and London Metal Exchange (LME) prices has emerged as a market indicator of the potential for additional tariffs on refined copper by U.S. President Donald Trump.
Ether.fi adds tokenized stocks, metals and Aave-powered portfolio loans in latest 'neobank' expansion
Rising metal prices drive tokenization efforts in mining sector
Gold Price Climbed After July Inflation Data, But Bitcoin Didn’t. Why?
Taesung Supplies Glass Substrate TGV Equipment to Korea Ceramic Technology Institute
Closure of Illia Highway and part of Cantilo Avenue due to Pampa Underpass works
The restriction will begin on Friday at 10 PM and extend until 6 AM on Saturday, with detours via Figueroa Alcorta and Del Libertador avenues.
Lisin Sells Shipping Company After Ukrainian Drone Attacks
Apple Sues OpenAI: 400 Former Employees and AI Hardware Dispute
The Federal Reserve's hawkish stance is evident, and Shanghai gold and silver futures opened with a sharp decline
According to Jinshi reports, the Federal Reserve's dot plot shows a clear hawkish tendency, leading to a sharp decline in Shanghai gold and silver futures at the opening. Goldman Sachs has issued a warning that the hawkish shift is not solely due to oil, and when precious metal prices will stabilize...
Bank of America: Maintains a 12-month target price for gold at $6,000 per ounce, under pressure in the short term but the bullish logic remains unchanged in the medium term
Michael Widmer, Managing Director and Head of Metal Research at Bank of America, stated that gold prices will face pressure in the short term due to a decline in market expectations for U.S. interest rate cuts. However, the bank maintains a bullish outlook on gold and reiterates its forecast for gol...
The RWA track is迎来 a golden opportunity, and the XAUT ecosystem firmly holds the position of the leading tokenized gold
Data shows that the market value of tokenized gold assets globally has surged significantly, with overall growth far exceeding that of the traditional physical gold market.Tim Hong, a prominent investor from the leading institution Helio Protocol, stated that with multiple core advantages such as se...
Analyst: Bitcoin shorts are overly crowded, may rebound to squeeze shorts before the Easter holiday
According to The Block, Bitcoin has fallen below $66,000, with a 24-hour decline of 3.7%, continuing to fluctuate between $60,000 and $70,000 in recent weeks.Glassnode states that spot demand is beginning to absorb selling pressure, but it is not yet enough to drive sustained upward movement. It is ...
JPMorgan: Bitcoin outperforms gold and silver, with capital flows and momentum showing resilience
JPMorgan stated that under the backdrop of ETF fund outflows, deteriorating liquidity, and institutional deleveraging, gold and silver are under pressure, while Bitcoin shows greater resilience and relatively stable capital inflows.Gold ETFs recorded nearly $11 billion in net outflows in the three w...
World Gold Council: Driven by geopolitical risks, more central banks will increase their gold holdings
Shaokai Fan, the global central bank director of the World Gold Council, stated on Tuesday that gold, as a tool for hedging against de-dollarization and geopolitical risks, is expected to encourage central banks that have previously been absent from the market to buy this precious metal this year.He...
The South Korean police have dismantled a virtual asset money laundering gang in Myeongdong, seizing approximately 6 billion won in criminal proceeds
According to a report by the Korea Unified News Agency, the Jongno Police Station in Seoul announced the dismantling of a money laundering crime group primarily composed of family members and relatives.The group operated an unregistered virtual asset exchange in Myeongdong, Seoul, converting cash ob...
U.S. stocks opened lower, with the Dow Jones down 0.55%, and precious metal stocks plummeting
According to Jinshi reports, U.S. stocks opened with the Dow Jones Industrial Average down 0.55%, the S&P 500 down 0.82%, and the Nasdaq Composite down 1.35%. Precious metal concept stocks fell sharply, with Coeur Mining down 8%, Newmont Mining down 9%, and Pan American Silver down 6%. The Nasdaq Go...
U.S. stocks opened lower, affected by the tensions in the Middle East
According to Jinshi reports, U.S. stocks opened with the Dow down 0.5%, the S&P 500 down 0.31%, and the Nasdaq down 0.27%. Precious metal concept stocks weakened, with Coeur Mining down 4%, Newmont down 2%, and Pan American Silver down 6%. The Nasdaq Golden Dragon China Index rose 0.23%.
The escalation of the Middle East conflict has led to a complete suspension of Dubai routes, putting 20% of global gold flows at risk
According to market news, due to the conflict in the Middle East, most air traffic in and out of Dubai has been disrupted, severely affecting the flow of gold and silver globally.Traders indicate that this could trigger further volatility in metal prices, which have already been significantly fluctu...
Ray Dalio: Bitcoin is not suitable as a long-term store of value or a safe-haven asset
Ray Dalio, the founder of Bridgewater Associates, stated in Tuesday's All-In Podcast that Bitcoin is not suitable as a long-term store of value or a safe-haven asset, citing reasons such as the lack of central bank support and the uncertainties surrounding its privacy protection and quantum resistan...
Citi Raises Gold 3-Month Price Target to $4,800 per Ounce
Breaking: Bitcoin Soars. The US May Unleash Nearly $1 Trillion in Liquidity
Gold above $5,000? What two major banks project
Zaporizhstal Announces Extended Shutdown Due to Port Blockade
Ibovespa Rises 2% as Treasury Yields Ease: How Far Will It Go?
Hyundai Union Announces Full Strike for 8 Hours on the 21st
The Hyundai Motor Company union has announced a full strike for 8 hours on the 21st after failing to reach an agreement in this year's wage negotiations. This marks the first full strike in 10 years since 2016.
...
Contents
Latest articles
08/24/2026
08/13/2026
Latest coin listings on WEEX
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
