2023-10-18 15:14:18
Pair Jorge Carasso
Published now, Updated now
Gold has gained more than 5% since October 7, the date of the attacks perpetrated by Hamas. kai / stock.adobe.com
OUR ADVICES – The specter of a conflagration in the Middle East benefits the yellow metal. Savers can legitimately wonder about the advisability of investing.
It’s almost a Pavlovian reflex. When war threatens, the price of gold soars. The deadly attacks in Israel and the specter of a conflagration in the region once again illustrate this. The price of the precious metal has literally soared in recent days. Gold has gained 5.3% since October 7, the date of the attacks, to 1,924 dollars per ounce (1,817 euros). A high level. “We can sometimes wonder why gold is rising. This time it’s crystal clear. This is the market reaction a major political event”indicates Jean-François Faure, founder of the website AuCoffre.com.
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