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The increase in the global price of gold in the shadow of Iran’s retaliatory attacks on Israel

Experts believe that Iran's attack on Israel will increase the demand for safe assets such as gold and increase its price.

Maxim Khudalov, chief strategist of Vector X investment company, told Ryannews that the price of gold, ore and coal will probably increase against the background of Iran’s retaliatory attack on Israel.

This expert commented on the situation: “The market’s reaction to these attacks will be interest in safe-haven assets and an increase in their prices, which means that gold will probably continue to rise… In addition, ore and possibly coal Stone will also increase in price.

On Saturday night, the Islamic Revolutionary Guard Corps announced the firing of dozens of drones and missiles towards the occupied territories and positions of the Zionist regime.

In the notice of the IRGC it is stated: In response to the numerous crimes committed by the Zionist regime, including the attack on the consular section of the Iranian embassy in Damascus and the martyrdom of a group of commanders and military advisors of our country in Syria, the IRGC’s aerospace force targeted certain targets inside the occupied territories with Dozens of missiles and drones were hit.

The representative of the Islamic Republic of Iran in the United Nations also announced: Iran’s military action was based on Article 51 of the United Nations Charter regarding legitimate defense in response to the aggression of the Zionist regime on the diplomatic places of our country in Damascus.

Club of Young Journalists International International Economy

 

© Webangah News Hub has translated this news from the source of Young Journalists Club
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