Israel-Palestine war causes GOLD PRICES to RALLY as demand for safe haven investment increases amid chaos
10/10/2023 // Arsenio Toledo // Views

Gold prices are trading significantly higher in the United States following the renewed outbreak of conflict between Israel and Palestine, as more investors are looking for safe havens to protect from other unexpected major geopolitical shocks that could shake the global economy.

Israel has declared war on the pro-Palestinian Islamic fundamentalist terrorist group Hamas and other Palestinian militant groups in the Gaza Strip following a Hamas-led raid that saw hundreds of Israeli civilians killed and wounded and several Israeli settlements close to the Gaza Strip briefly occupied.

The outbreak of renewed large-scale conflict in the region and the possibility of more fighting in other parts of the Middle East caused Asian, European and American stocks alike to dip lower between Sunday, Oct. 8 to Tuesday, Oct. 10. (Related: American F-16 SHOOTS DOWN armed Turkish combat drone that flew within half a mile of U.S. troops in Syria.)

This major conflict in Israel and Palestine will likely in the coming months impact major economies around the world, including potentially affecting the central bank policies of major nations like the United States. There is even speculation that the conflict between Israel and Palestine may impact the U.S. House of Representatives' process of selecting a new Speaker of the House, likely in the direction of a pro-Israeli speaker who is willing to provide more funding for the Israeli Defense Forces.

Gold rises as investors flock to safety

As the conflict affects stocks and global economies, investors are looking for safe havens, or types of investments that are expected to either retain or increase in value during this time of heightened market turbulence. Putting more of their assets into safe havens could limit the risk of investors' losses in the event these global catastrophes cause market downturns. This is what gold is to many – and the precious metal's recent rally proves this.

Gold Continuous Contracts, one of the most actively traded gold futures contracts on the New York Mercantile Exchange, is up by more than 1.36 percent to $1,870.30 per troy ounce as of press time.

"Gold took the lead as investors flocked to safety," noted Raffi Boyadjian, lead investment analyst at finance company XM.

Spot gold prices in London also jumped by more than two percent compared to last week to a high of $1,866 per ounce.

Market analysts will now be waiting to see whether the conflict between Israel and Palestinians in the Gaza Strip spreads. There is concern that Hezbollah, an anti-Israeli group supported by Iran and operating mostly out of southern Lebanon, might also use the opportunity to conduct renewed strikes against Israel.

A report by the Wall Street Journal suggesting that Iran may have helped plan out Hamas' initial raid is also sparking fear that a war between Iran and Israel might begin. Israel's continued bombing of civilian housing and infrastructure in Gaza could also end up scuttling efforts to normalize relations between Israel and Saudi Arabia.

Learn more about gold as an investment in

Watch this Oct. 9 episode of "Brighteon Broadcast News" as Mike Adams, the Health Ranger, discusses how the continued Israeli threat to obliterate Gaza will cause Palestinians all over the world to revolt.

This video is from the Health Ranger Report channel on

More related stories:

Iran leader Khamenei uses X to hail Hamas terror attack that killed 1,000+ … But Alex Jones still BANNED.

Warmongers start push for U.S. involvement in Iran following Hamas attack.

The big distraction: Global war is good for Joe Biden – wall-to-wall war news provides the media a huge diversion from the Biden regime's destruction of America.

WSJ: Iran helped Hamas plan its surprise attack on Israel shortly after Biden handed them $6 billion.

Central banks continue their streak of accumulating more gold in 2023.

Sources include:

Take Action:
Support Natural News by linking to this article from your website.
Permalink to this article:
Embed article link:
Reprinting this article:
Non-commercial use is permitted with credit to (including a clickable link).
Please contact us for more information.
Free Email Alerts
Get independent news alerts on natural cures, food lab tests, cannabis medicine, science, robotics, drones, privacy and more.
App Store
Android App
eTrust Pro Certified

This site is part of the Natural News Network © 2022 All Rights Reserved. Privacy | Terms All content posted on this site is commentary or opinion and is protected under Free Speech. Truth Publishing International, LTD. is not responsible for content written by contributing authors. The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. Truth Publishing assumes no responsibility for the use or misuse of this material. Your use of this website indicates your agreement to these terms and those published here. All trademarks, registered trademarks and servicemarks mentioned on this site are the property of their respective owners.

This site uses cookies
Natural News uses cookies to improve your experience on our site. By using this site, you agree to our privacy policy.
Learn More
Get 100% real, uncensored news delivered straight to your inbox
You can unsubscribe at any time. Your email privacy is completely protected.