In the wake of the armed conflict that erupted between Israel and Palestine on October 7, gold prices have experienced a notable surge, exceeding a 10% increase and reaching a peak above $2000 per ounce. This spike has effectively compensated for previous losses incurred since the market highs witnessed in May.
While the spike in gold prices can be linked to the ongoing conflict, it is essential to note that the driving force behind this surge lies not solely in the hostilities between Israel and Palestine but also in the potential repercussions if other nations in the region and the. . .