ISTANBUL Gold and industrial metal markets are seeing steep sell-offs amid a surging US dollar, fueled by rising oil prices over escalating geopolitical tensions in the Middle East. Brent crude oil spiked above $80 per barrel for the first time since January 2025, following the joint US and Israeli military strikes on Iran. The sudden energy shock accelerated global inflation concerns, prompting investors to opt for safe-haven liquidity and pushing the US Dollar Index to 99.4, hovering near its

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