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Intensifying Middle East Conflict Bolsters Gold Price

Escalating tensions in the Middle East ahead of the U.S. The President’s visit to Israel cast a shadow. Gold and oil prices rallied amid stalled ceasefire efforts in Gaza. Escalating tensions in the Middle East cast a shadow as the anticipated visit of the U.S. President to Israel looms on Wednesday. Against this backdrop, goldContinue Reading
Written on October 18, 2023 at 5:13 am
Categories: Daily Market Analysis
Dollar Softens As Middle East Tension Eases
U.S. President Joe Biden’s upcoming visit to Israel signals a show of support, bolstering market confidence. Amid escalating Middle East tensions, Western allies have intensified diplomatic efforts. U.S. President Joe Biden’s upcoming visit to Israel signals a show of support, bolstering market confidence. Equities surged, reflecting improved risk appetite, while traditional safe-havens like USD andContinue Reading
Written on October 17, 2023 at 6:00 am
Categories: Daily Market Analysis
Middle East Tensions Fuel Safe-Haven Surge

Safe-haven assets such as gold and the US Dollar have experienced a substantial upswing in response to the deepening Middle East conflict. Safe-haven assets such as gold and the US Dollar have experienced a substantial upswing in response to the deepening Middle East conflict. As tensions escalated on the Israel-Lebanon border, with over 2,000 civilianContinue Reading
Written on October 16, 2023 at 5:10 am
Categories: Daily Market Analysis
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