02/04/2026, Thursday12:41

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Turkish supporters flooded Taksim Square waving flags and celebrating after the national team qualified for the 2026 FIFA World Cup by defeating Kosovo 1-0 in the European Qualifiers play-off final on April 1. The victory secured Türkiye's place in the global tournament.Iran carried out at least 5,471 missile and drone attacks targeting US bases and critical sites in seven Arab countries since Feb. 28, according to compiled official data. The UAE was the most impacted, intercepting 414 ballistic missiles, 15 cruise missiles and 1,914 drones.President Recep Tayyip Erdoğan declared Friday that the post-World War II international system faces a "deep legitimacy crisis across nearly all domains," calling for renewed efforts to end tragedies and restore peace. Speaking at the Stratcom Summit in Istanbul, Erdoğan said Türkiye will maintain its principled, peace-centric stance focused on humanitarian values and justice.A foreign-flagged, Turkish-operated crude oil tanker was targeted in a drone attack in the Black Sea near Istanbul on Thursday, Transport Minister Abdulkadir Uraloglu said, adding that no casualties were reported among the 27 Turkish crew members. The engine room was the apparent target.Israel signalled that its military campaign against Iran and Hezbollah will continue for weeks, with thousands of targets still ahead. Officials say over 10,000 munitions have already been used, as the conflict escalates across multiple fronts. The developments come amid regional instability affecting Lebanon and the wider Middle East.

Turkish supporters flooded Taksim Square waving flags and celebrating after the national team qualified for the 2026 FIFA World Cup by defeating Kosovo 1-0 in the European Qualifiers play-off final on April 1. The victory secured Türkiye's place in the global tournament.Iran carried out at least 5,471 missile and drone attacks targeting US bases and critical sites in seven Arab countries since Feb. 28, according to compiled official data. The UAE was the most impacted, intercepting 414 ballistic missiles, 15 cruise missiles and 1,914 drones.President Recep Tayyip Erdoğan declared Friday that the post-World War II international system faces a "deep legitimacy crisis across nearly all domains," calling for renewed efforts to end tragedies and restore peace. Speaking at the Stratcom Summit in Istanbul, Erdoğan said Türkiye will maintain its principled, peace-centric stance focused on humanitarian values and justice.A foreign-flagged, Turkish-operated crude oil tanker was targeted in a drone attack in the Black Sea near Istanbul on Thursday, Transport Minister Abdulkadir Uraloglu said, adding that no casualties were reported among the 27 Turkish crew members. The engine room was the apparent target.Israel signalled that its military campaign against Iran and Hezbollah will continue for weeks, with thousands of targets still ahead. Officials say over 10,000 munitions have already been used, as the conflict escalates across multiple fronts. The developments come amid regional instability affecting Lebanon and the wider Middle East.

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Gold surges above $4,700 as Trump signals US exit from Iran war within weeks

Yenişafak

11:45, 01/04/2026, Wednesday

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Gold surges above $4,700 as Trump signals US exit from Iran war within weeks

File photo

Spot gold rose more than 1% to exceed $4,700 per ounce Wednesday after President Donald Trump signaled American forces would leave Iran within "two or three weeks." Gold gained 1.08% to $4,720 per ounce, following a 2% increase Tuesday, as markets reacted to the prospect of de-escalation.

Spot gold rose more than 1% to exceed $4,700 per ounce on early Wednesday, following US President Donald Trump's signal for ending the Iran war soon. Speaking after a presidential decree signing ceremony at the White House, Trump said that American forces will leave Iran within two to three weeks, signaling an end to ongoing attacks against the country. "All I have to do is leave Iran, and we'll be doing that very soon, we'll be leaving very soon" Trump said, adding that it will happen in "maybe two weeks, maybe three."

Price rally

Gold prices saw an increase 1.08% as of 0720GMT to $4,720 per ounce, following another increase of 2% on Tuesday. The rally comes after last week's historic drop, when gold saw its biggest weekly decline since 1983, losing more than 10% as markets reassessed safe-haven asset dynamics.

Conflict context

The US and Israel launched joint attacks on Iran on Feb. 28, killing more than 1,340 people according to Iranian authorities, including former Supreme Leader Ayatollah Ali Khamenei and more than 150 schoolgirls. The conflict has expanded to Lebanon, where Israeli ground operations have displaced over one million people, and the Strait of Hormuz remains effectively closed, with oil prices above $116 per barrel.

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Market reaction

Trump's signal of an imminent US withdrawal suggests Washington may be preparing to end its direct military involvement in the conflict, though the timing and conditions of any ceasefire or broader settlement remain unclear. Gold's price movement reflects shifting investor sentiment as the prospect of de-escalation reduces demand for safe-haven assets while the metal remains elevated due to ongoing uncertainty.

Titles :gold Iran price war

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