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Gold and oil have a message for investors about Iran tensions
The two commodities are among the most 'geopolitical-sensitive barometers' Tensions between the U.S. and Iran have been rising, but the big moves in gold and oil prices can help gauge just how serious the situation has become - and hint at what's next for global financial markets. "Gold and oil are two of the most geopolitical-sensitive market barometers we have," said John Caruso, senior market strategist at RJO Futures. Given that, they are the "first places I look when geopolitical risks arise in the Middle East." And those risks have certainly been climbing. On Thursday, Iran said it would soon open a third ... (full story)