AHPGS(Accreditation Agency in Health and Social Sciences)
18 April 2024 Thursday
Iran-Israel tension hits the markets! It is possible to see new peaks in gold prices
Tensions and wars between countries generally cause serious panic in global markets. Especially if the strategic location of the events is in a region that may cause an increase in geopolitical risks, the situation may reach serious levels, causing significant concerns about regional stability and energy supply. Assoc. Prof. Hakan Yıldırım, Finance Expert from Istanbul Gelisim University (IGU) Faculty of Economics, Administrative and Social Sciences, emphasized that increasing geopolitical risks direct investors to gold, which is expressed as a safe haven.
Tensions and wars between countries generally cause serious panic in global markets. Especially if the strategic location of the events is in a region that may cause an increase in geopolitical risks, the situation may reach serious levels, causing significant concerns about regional stability and energy supply. Assoc. Prof. Hakan Yıldırım, Finance Expert from Istanbul Gelisim University (IGU) Faculty of Economics, Administrative and Social Sciences, emphasized that increasing geopolitical risks direct investors to gold, which is expressed as a safe haven. Click to continue the news.