How will Fighting in Iran affect Metals?

No political discussion here - don't want to get in trouble.

Just prognostication on bullion prices? How will they behave? Jump? Drop? How much?

Obviously, the strikes occured while the market was closed for the weekend, so we haven't seen their reaction yet.

 

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Time will tell on the PM's, I can't even begin to guess and so I don't make it political, I'm out.

 

Usually geopolitical uncertainty puts upward pressure on metals prices. That said, (I think) the market had already mostly priced in conflict with Iran. With silver's huge recent run up in price, I wouldn't want to stake my own money on any significant future gains.

 

my guess would be they go higher.