Money and business
America’s blow to Iran .. a jump awaiting oil and gold prices and a decline in stocks
Analysts said that the American attack on Iranian nuclear sites, today, Sunday, will lead to widespread confusion in Markets global when reopening tomorrow, Monday, and it is very likely to jump oil prices, and the demand for safe havens such as gold and other precious and industrial minerals increases. Trading. "IBKR"Steve Sosnik: "It is difficult to imagine that stock markets are negatively affected, and the question is: to what extent? The answer is that it will depend on the Iranian reaction, and whether oil prices will rise, and this is very likely."
oil scenario said analysts in "Oxford Economics"That the worst scenario, which is the stop of Iranian oil supplies, and the closure of the Strait Hormuz , may jump at a barrel price to $ 130, which is reflected in the rate of American inflation that may touch 6% by the end of the year. "MST Market": Prices will be largely dependent on Iran’s response in the coming hours and days, but this may put us on a path towards the high price of oil to 100 dollars if Iran responds by closing the Strait of Hormuz and targeting American interests as it has previously threatened." Gold will reach the height It is expected that the prices of Gold More rise in the impact of the recent American strikes in Iran, after a relative stability last week. "Bank of America"Last Friday, it is expected that gold prices are expected to reach 4,000 dollars an ounce next year, which represents a 18% jump from the current levels. Analysts that the escalation of the conflict by the United States will cast a mixed shadow over the US dollar, which fell this year, explaining that the dollar may benefit at the beginning of the American strikes as a result of the flow of investors on safe assets. - For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter
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