š Geopolitical Tensions and Market Impact ā June 2, 2025
Key Highlights:
Gold Surges: Spot gold prices rose by 0.7% to $3,311.33 per ounce as investors seek safe-haven assets amid escalating geopolitical tensions and trade disputes.
Oil Prices Climb: Brent crude increased to $64.19 per barrel, influenced by OPEC+'s decision to boost output and concerns over the Russia-Ukraine conflict.
Cryptocurrency Volatility: Bitcoin (BTC) experienced a 3.2% drop, falling from $68,500 to $66,300 within four hours on May 27, reflecting investor caution due to the conflict's escalation.
Current Major Cryptocurrency Prices:
BNB: $656.90
XRP: $2.17
Dogecoin (DOGE): $0.1905
