Gold steadied after rising early Tuesday when US President Donald Trump called for the immediate evacuation of Tehran, boosting demand for havens as investors track hostilities between Israel and Iran.

While it may sound like a bad SNL sketch come to life, the news is true — the Trump Organization (revealed via Trump's son, Eric) has announced that they've licensed the presidential family name for smartphones and cellular services, calling it " Trump Mobile. "

Gold rebounded on Tuesday as heightened geopolitical uncertainty stemming from Israel-Iran fighting and U.S. President Donald Trump's call to evacuate Tehran led investors to seek safe-haven assets. Spot gold rose 0.

Donald Trump Jr. and Eric Trump said on Monday that the president's company is getting into the mobile business and will make smartphones too.

Experts have cast doubt on the Trump Organization's claim that its proposed smartphone can be made from all-American components. One industry analyst told the BBC it would be "virtually impossible" for the gold-coloured handset - which will retail at $499 (£367.50) - to be built in the United States.

As we've learned from colour theory, gold is the ultimate symbol of wealth, power and prestige – everything that Don wants to project. However, with a constant slew of tacky merch, from custom kicks to camera phones,

The Trump administration says that for $5 million, successful applicants would get a fast track to U.S. permanent residency and citizenship.

Administration officials secured a deal that will give the president unusual influence over a private company, and could serve as a model for other deals.