TLT - What Israel's War With Hamas Means For Gold And Other Safe Haven Assets | Benzinga
The unexpected attack on Israel by Hamas may spur a shift towards gold and other safe haven assets, suggesting a potential surge in market demand.
According to a report by Reuters on Saturday, the geopolitical tension emanating from Israel is perceived as a significant market risk. Western powers, with the United States at the helm, have condemned the attack and expressed support for Israel.
Analysts predict that the escalating geopolitical risk could fuel purchases of assets like gold, the dollar, and possibly U.S. Treasuries (NYSE: TLT), which have recently seen aggressive sell-offs.
Peter Cardillo, Spartan ...