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 Gold rises, oil choppy after Iran attacks Israel
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Gold prices rose on Monday as safe haven bids increased after Iran's retaliatory attack on Israel. Iran launched explosive drones and missiles at Israel in retaliation for a suspected Israeli attack on its consulate in Syria on April 1. The threat of open warfare between the two countries and the potential involvement of the United States has left the region on edge. Oil prices were choppy in response to the attack. Gold rose 0.7% to $2,359.92 an ounce, while oil prices were volatile. U.S. stock futures ticked higher after major indexes ended lower on Friday. The dollar held steady, and U.S. Treasury yields edged slightly lower. The market is closely watching for further developments and potential counter-responses from Israel.

#Gold #Oil #Iran #Israel #MiddleEast #Conflict

https://www.investing.com/news/economy/gold-rises-oil-choppy-after-iran-attacks-israel-3377423