Israel: Economy

Domestic

The month was dominated by a significant military action. The United States and Israel carried out strikes on Iran. This action had immediate and pronounced effects on global financial markets. Oil prices surged by approximately ten percent. Gold prices jumped over two percent, climbing past $5,200 per ounce. The market movement reflected investor behavior, with gold being bought as a safe-haven asset. The strikes also disrupted regional commerce, specifically halting gold trading in Dubai where flights were grounded.