The global shift towards safe-haven assets amid the Israel-Hamas war abruptly ended gold’s selloff. The precious metal now has $1875 in sight as fighting continues
We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.2023-10-10 11:00:11Gold volatility rises on conflict – largest move since the regional banking turmoilIn times of conflict and war, gold tends to witness a spike in value as investors shift away from riskier assets like stocks towards traditional safe haven assets that are more likely to preserve its value or decline at a lesser rate.
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