Gold prices at record highs amid economic, geopolitical uncertainty
WEARVALLEYMERCURY

Gold prices at record highs amid economic, geopolitical uncertainty

Traffic_analyzer | Istock | Getty Photos Gold costs notched a new record on Monday for a second day in a row — with spot costs touching $2,100 as the worldwide rush for bullion seems set to proceed. Gold costs are on the right track to hit recent highs subsequent 12 months and will stay above … Read more

Geopolitical instability and elections have strategists wary of 2024
WEARVALLEYMERCURY

Geopolitical instability and elections have strategists wary of 2024

Israeli troopers switch detained Palestinians out of the Gaza Strip on November 20, 2023, as battles between Israel and the Hamas motion proceed. Gil Cohen-magen | AFP | Getty Photos Geopolitical dangers would be the key risk to the financial outlook for 2024, as large-scale wars converge with a slew of pivotal elections throughout main … Read more

Growing geopolitical conflicts have some investors feeling guilty about buying defense stocks
WEARVALLEYMERCURY

Growing geopolitical conflicts have some investors feeling guilty about buying defense stocks

An F-15E fighter plane can carry seven teams of 4 StormBreaker bombs. Supply: Raytheon Because the battle between Israel and the Hamas militant group ramped up final month, Kenneth Suna took to his investing-focused TikTok account. Suna began a video asking his greater than 200,000 followers “when you’re cool with profiting off battle,” earlier than … Read more

At China military forum, Russian defense minister accuses the US of fueling geopolitical tensions
WEARVALLEYMERCURY

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BEIJING — Russian Protection Minister Sergei Shoigu mentioned Monday america is fueling geopolitical tensions to uphold its “hegemony” and warned of the chance of confrontation between main international locations. Talking at a protection discussion board in Beijing, Shoigu additionally mentioned the U.S. and its Asia-Pacific allies are undermining stability within the area. “To take care … Read more

Oil prices jump 5% amid geopolitical tensions, on pace for best week in over a month
WEARVALLEYMERCURY

Oil prices jump 5% amid geopolitical tensions, on pace for best week in over a month

A view from the oil firm Tatneft in Tatarstan, Russia on June 04, 2023. Anadolu Company | Anadolu Company | Getty Pictures Oil costs rose greater than 5% on Friday as traders remained on edge about escalating geopolitical tensions within the Center East. Worldwide benchmark Brent crude futures with December expiry traded 5.1% increased at … Read more