World XAU market continues to rise
amid continued geopolitical tensions in the Middle East. The US Federal Reserve (Fed) also turned dovish, which is a positive signal for precious metals bulls.
The Fed also turned dovish, which is a positive signal for precious metals bulls.
In the Middle East, the assassination of senior leaders of the Iran-aligned Hamas and Hezbollah militant groups has raised concerns that the region could be on the brink of all-out war, boosting demand for gold as a safe-haven asset
FGE said that the week's events have "undermined" ongoing ceasefire talks between Israel and Hamas and brought the prospect of conflict across the region closer.
The Fed also turned dovish, which is a positive signal for precious metals bulls.
In the Middle East, the assassination of senior leaders of the Iran-aligned Hamas and Hezbollah militant groups has raised concerns that the region could be on the brink of all-out war, boosting demand for gold as a safe-haven asset
FGE said that the week's events have "undermined" ongoing ceasefire talks between Israel and Hamas and brought the prospect of conflict across the region closer.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.