Gold, Silver, & Oil Quiet Even As Iran Threatens Closure of Straits of Hormuz

June 24, 2025

The US did go ahead with its strikes on Iran on Saturday (although reports of how much damage was actually done are mixed).

Then on Sunday, Iran threatened to close of the Straight of Hormuz, which could severely disrupt the oil supply chain. Although so far the markets are pretty quiet to start the week on Monday morning.

But Vince Lanci recaps what happened, and what to expect the rest of this week.

To find out more, click to watch the video now!

Arcadia Economics

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The melting point of gold is 1337.33 K (1064.18 °C, 1947.52 °F).
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