View RSS Feed

FXstreet

  1. Oil And Gold Prices Surge As Tensions In Iraq Escalate

    by , 06-20-2014 at 11:22 PM
    Name:  iraq-oil-baiji.jpg
Views: 456
Size:  47.7 KB


    With tensions in Iraq escalating to the point that President Obama said he would deploy up to 300 military advisers to the country, investors sent prices of gold and oil surging in Thursday trading. Gold, the classic safe-haven trade, reached its highest point in two months as oil, whose Iraqi production could see pressure if ISIS (Islamic State of Iraq and Syria) militants move the conflict to the south of Iraq, surged to its highest price of the year. ...
    Tags: gold, oil, price Add / Edit Tags
    Categories
    Uncategorized