Due to geopolitical tension, a rise in gold and silver is expected. Strong weekly close has been found on Comex, which shows the market sentiment bullish. A jump of up to Rs 5,000 was also seen on digital gold platforms, which clearly shows that investors are shifting towards safe haven assets. About 20% of oil supply passes through the Strait of Hormuz. If this route is blocked, global oil prices may increase and inflation may increase further. In such an environment, uncertainty increases and there is pressure on risk assets. Experts believe that if the war scenario continues for a long time, gold can touch new record levels, while silver can also show a strong rally.
Effect of War Tension: Will Gold-Silver become Superhit Investment?| Money Live | Effect of War Tension: Will Gold and Silver become superhit investments?
