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Safe Haven: Attack on Israel...

NEW YORK: The violence in Israel...

Safe Haven: Attack on Israel likely to boost appeal of gold, safe-haven assets

NEW YORK: The violence in Israel will likely prompt a move into safe-haven assets as investors closely watch events in the Middle East to gauge geopolitical risk to markets. Gunmen from the Palestinian group Hamas entered Israel in an unprecedented attack on Saturday. Western countries, led by the United States, denounced the attack and pledged support for Israel. Rising geopolitical risk could see buying in assets like gold and the dollar, and potentially boost demand for US Treasuries, which have been sold off aggressively, analysts said. "This is...

Safe Haven: Attack...

NEW YORK: The violence in Israel will likely prompt a move into safe-haven assets as investors closely watch events in the Middle East...