GOLD with World War
Updated
Secretary of State Antony Blinken told the agency Tuesday that "a humanitarian pause must be considered" to allow aid to reach civilians in Gaza, though he specifically avoided the phrase "ceasefire." On Monday, National Security Council spokesman John Kirby rejected calls for a ceasefire, telling CNN that Hamas must first release hostages held in Gaza.
Nearly three weeks since the fighting broke out, the United Nations Security Council remains divided over how to proceed with the crisis.
You see, war is a painful event, so please pray for innocent people in war zones. Please be careful when trading in such volatile conditions, have a good day. Thanks for reading this article ❤️
Nearly three weeks since the fighting broke out, the United Nations Security Council remains divided over how to proceed with the crisis.
You see, war is a painful event, so please pray for innocent people in war zones. Please be careful when trading in such volatile conditions, have a good day. Thanks for reading this article ❤️
Note
*Hot news about Middle East Tensions:"The IDF said it carried out military operations in the Gaza Strip last night, with the participation of Infantry and Armor, the goal of which was to attack Hamas from inside the area"
=> Israel has begun military operations in Gaza, tensions are about to escalate further and the participation of Hezbollah militant groups in Lebanon may expand... If the conflict expands, Gold will react. fireworks...
At this time, the priority is to buy and transfer SL according to... Selling positions are still tense, so you should plan your path soon... Once Israel and Hezbollah officially collide in Lebanon, Gold will cost 2 ,0xx or further...
Note
Some investors believe that the increasing conflict could promote the purchase of government bonds as a "safe haven channel". This could reduce the rise in yields, which move inversely to prices, thereby easing pressure on stocks and other assets.The S&P 500 stock index has fallen more than 10% since late July 2023, when it hit its highest level since early 2023, although the index is up more than 7% year to date.
UBS Global Wealth Management said in a report on October 27: “So far, US government bonds have not demonstrated their inherent function as a safe haven. However, an escalation of the conflict is likely to shift attention away from monetary policy concerns and boost safe-haven demand for bonds.”
Both gold and oil can become "risk hedges against short-term fluctuations".
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