Iranian President Ibrahim Reisi Passes Away: Gold, Silver, and Bitcoin React
๐ Global Impact:
The tragic helicopter crash resulting in the deaths of Iranian President Ibrahim Reisi and Foreign Minister Hussein Emir Abdullahiyan has shocked the world and influenced financial markets overnight.
Precious Metals Surge:
- Gold:
The yellow metal continues its upward trend, hitting a record high of over $2,440 per ounce. ๐๐
- Silver
: Following suit, silver, which surpassed $30 an ounce last week for the first time in 11 years, rose further to exceed $32. ๐โจ
Bitcoin's Rollercoaster:
- Initial Dip
Bitcoin experienced a brief decline, dropping from $67,000 to $66,000 following the news. ๐๐ฅ
- Subsequent Recovery:
The cryptocurrency quickly rebounded, climbing back above $67,000 by morning. ๐๐
Market Reactions Awaited:
The incident's full impact on today's markets remains to be seen, with investors closely monitoring developments.
