Israeli war affects gold and USD
Updated
Fighting between Israel and Hamas forces could increase the appeal of gold and safe-haven assets such as the USD.
According to Reuters, investors are closely watching developments in Israel as a geopolitical risk for markets, with some expecting that the violence could prompt a shift to safe-haven assets.
Hamas gunmen entered Israel in an unprecedented attack on October 7. Western countries, led by the United States, condemned the attack and pledged support to Israel.
Rising geopolitical risks could lead to buying in assets such as gold and the dollar, and could potentially boost demand for U.S. Treasury bonds, which have been on sale, analysts said. Remove forcefully.
According to Reuters, investors are closely watching developments in Israel as a geopolitical risk for markets, with some expecting that the violence could prompt a shift to safe-haven assets.
Hamas gunmen entered Israel in an unprecedented attack on October 7. Western countries, led by the United States, condemned the attack and pledged support to Israel.
Rising geopolitical risks could lead to buying in assets such as gold and the dollar, and could potentially boost demand for U.S. Treasury bonds, which have been on sale, analysts said. Remove forcefully.
Trade active
🔵 The Sixth of October War also had a significant impact on the stock market. The S&P 500 fell almost 50% in the year following the war. This is due to a combination of factors, including the economic recession, rising oil prices, and increased uncertainty about the future.Note
🔴Israel-Hamas live updates: More than 1,100 killed in conflictGOLD to the moon!
Trade active
🔹Urgent: Israeli Defense Minister now.“I ordered the imposition of a complete blockade on the Gaza Strip. There will be no electricity, no food, and no fuel.”
Trade active
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.