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Attack on Israel boosts appeal of gold, safe-haven assets

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saifalhilali

The violence in Israel that erupted this weekend is prompting a move into safe-haven assets as investors closely watch events in the Middle East to gauge the geopolitical risk to marketsRising geopolitical risk would see buying in assets like gold and the dollar , and boost demand for U.S. Treasuries, which have been sold off aggressively, analysts said over the weekend. As trading started in Asia on Monday those themes played out. U.S. stock futures slid < ESc1>, while crude , gold and Treasuries got a boost.

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Last updated: 10/14/2023 15:17

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