Peter Spina: Gold holds $4K despite Iran oil transit threats

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23 hours ago

Peter Spina: Gold holds $4K despite Iran oil transit threats — Gold steady at four K as Iran tensions rise

Peter Spina, CEO at GoldSeek.com, observes that gold is maintaining the $4K level even as news from Iran typically would lead to a decline.

Brent crude remains near $90 after Iran's statement that not a single drop of oil or gas will transit Hormuz.

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Spina previously noted rising bearish sentiment as gold and silver prices neared market capitulation. He has also questioned claims that the Trump administration extracted billions from the crypto sector. These comments point to Spina's ongoing scrutiny of shifts across commodities and digital assets.

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