---
title: "In \"Commodities,\" Middle East instability continues, gold prices remain stable"
description: "Due to Iran's missile launch towards the U.S. military base in Qatar, tensions in the region have escalated, stimulating safe-haven demand and driving up gold prices. Spot gold rose 0.5% to $3,384.6 p"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/245772673.md"
published_at: "2025-06-23T21:47:17.000Z"
---

# In "Commodities," Middle East instability continues, gold prices remain stable

> Due to Iran's missile launch towards the U.S. military base in Qatar, tensions in the region have escalated, stimulating safe-haven demand and driving up gold prices. Spot gold rose 0.5% to $3,384.6 per ounce, August futures gold increased 0.3% to $3,395 per ounce, and prices for July futures silver, copper, platinum, and palladium also saw an increase

Iran launched six missiles at the U.S. military base in Qatar, escalating tensions between Iran and Israel, which stimulated safe-haven demand. The market is closely monitoring developments in the region, and gold prices rose on Monday. Spot gold increased by 0.5% to $3,384.6 per ounce.

August gold rose by $9.3 or 0.3% to $3,395 per ounce.

July silver prices rose by 0.5% to $36.187 per ounce.

July copper prices rose by 0.3% to $4.8495 per pound.

July platinum prices rose by 1.5% to $1,283.9 per ounce.

September palladium prices rose by 3% to $1,086.7 per ounce

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.