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Gold & Silver Market News — Apr 20, 2026, 12:10–16:10 UTC
Apr 20, 12:10 PM - 04:10 PM UTC
Geopolitical Tensions Drive Market Volatility
Renewed geopolitical tensions between the US and Iran are creating significant market volatility, particularly concerning the security of the Strait of Hormuz. While earlier hopes for a resolution had boosted equity markets, the precarious peace process has led to a repricing of risk and a jump in oil prices. This uncertainty has also weighed on risk-sensitive assets, as seen
Sources
1S&P 500: Record highs with conflict-sensitive backdrop – Deutsche Bank2AUD/USD picks up to 0.7150 despite rising tesions in the Middle East3AUD/USD: Volatile swings contained in lower range – UOB4EUR/JPY holds gains near 187.00, focus on Japan’s Tsunami alert5EUR/USD bounces up to 1.1760, but tensions in the Middle East cap gains6Brent: Strait risk repricing drives fresh gains – Rabobank