Global markets experienced significant volatility as tensions in the Middle East escalated, prompting a shift towards safe-haven assets. In early Asian trading, spot gold rose 1.8% to $5,374 per ounce, while spot silver increased 2.6% to $96 per ounce. Oil prices also surged, with Brent Crude reaching $82.37 per barrel and WTI Crude Oil hitting $80.82 per barrel. Concerns over potential disruptions in the Strait of Hormuz, a key oil transit route, have contributed to the market's risk-off sentiment. U.S. stock index futures declined, with Nasdaq and Dow futures dropping over 1% and S&P 500 futures down more than 0.9%. Investors are moving capital into U.S. Treasuries, gold, and the Swiss franc as geopolitical uncertainties loom. Analysts warn that if oil prices rise to $90–100 per barrel, inflationary pressures could resurface, potentially impacting the Federal Reserve's monetary policy. The market's focus remains on the stability of shipping through the Strait of Hormuz and the duration of the conflict, which could further influence global equities and emerging market assets.