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Iranian stocks sell off as US ‘armada’ approaches
Investors are also concerned about Iran’s dire economic outlook in the wake of mass protests
China’s Zijin swoops for Allied Gold in $4bn deal
Acquisition of Canadian peer comes as record prices for precious metal drive consolidation
Adnoc increases stake in Rio Grande LNG project in Texas
Abu Dhabi’s state oil company is seeking to become one of the world’s largest integrated gas suppliers
Dollar sinks to 4-month low and gold soars past $5,000 as yen leaps
Japanese currency climbs sharply on speculation of joint US-Japan market intervention, adding to pressure on greenback
Dollar sinks to 4-month low as yen leaps on intervention talk
Gold soars above $5,000 an ounce for first time as US currency extends losses after worst week since May