-
Gold prices hit $2000 as Middle East Tension Escalates
Amidst deepening tensions in the Middle East conflict, the market’s gaze remains fixated on evolving dynamics. Gold surged past its pivotal $2000 mark, propelled by the expansion of ground warfare. Concurrently, oil prices found a foothold above $83, with investors vigilant about potential supply disruptions from the region, a global oil supply cornerstone. This week, pivotal interest rate decisions loom from major central banks—Federal Reserve, Bank of England (BoE), and Bank of Japan (BoJ)—adding an anticipated layer of market volatility. Investors and analysts worldwide are closely watching these global ... (full story)