CBS News has reported that the United States and Israel are contemplating a significant campaign against Iran, focusing on its energy infrastructure. This development has the potential to significantly impact energy markets and, by extension, other assets like gold.
How Does This Affect the Gold Market?
Gold is commonly viewed as a safe haven in times of geopolitical tension. If the situation escalates, demand for gold could increase. Historically, gold prices tend to rise when there are risks of disruptions in energy markets, as investors seek stability.
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