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Iran's Move Shocks Trump: Gold and Silver Prices Poised to Surge
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Iran's Yuan Gambit: Gold & Silver Prices Poised to Soar as Dollar Faces Threat
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News18
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18-03-2026, 10:10
Iran's Yuan Gambit: Gold & Silver Prices Poised to Soar as Dollar Faces Threat
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Iran introduces a new condition for oil transport through the Strait of Hormuz: payments must be made in Chinese Yuan instead of US dollars.
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This move aims to undermine the dollar's global dominance, potentially causing its value to fall and increasing global uncertainty.
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A weaker dollar could lead investors to shift funds from bonds to gold and silver, considered safe havens, driving up their prices.
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The strategy could force Trump to reconsider ongoing conflicts, as a falling dollar would be detrimental to the US economy.
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While challenging due to Yuan availability, this shift could strengthen the Yuan and benefit China, potentially impacting global markets.
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