The ASX 200 ended the day up on Monday by 0.23 per cent.
According to Sky News Business Editor Ross Greenwood, the most notable change in Monday’s market was the price of gold after Israel declared war on Hamas.
“Over the past few days the immediate reaction to the gold price … it’s up by 1.2 per cent,” he said.
“More than $20 during that time.”
Gold stocks were the best performers on the stock market, with the price of oil also rising significantly.
17 Comments
Gold price drops last week.
Good time to grab some gold.
Prices soared this week.
ChaaaaChing!!!
All good news for Russia.
Just sayin'
Of course it has… everything will go through the roof now and this will be the excuse
Why? Has Israel stopped exporting gold and oil?
oh veyyyyy!
Gold prices actually began climbing last Friday. I wouldn't be surprised if some investors already knew what was going to happen.
Of course the arab oil cartels would reduce supply and jack up the prices. Same mob as the palestinians are, ypu know…
Gold jumps 500 for no reason whatsoever then drops 150 than it goes up 60 bucks…spare me.
biden emptied America's oil reserves, so who'll benefit now? Israel's enemies…if i can work it out
New agenda goverments playing withe people
The world is a mental hospital
It’s like they knew. (As spoken by the mighty peanut from Jeffafa Dunnnham) and we will all fight eachother. Brother against brother. So we can not fight the elite’s. Personal opinion
I am highly favoured, $60K every week! I can now give back to the locals in my community and also support God's work and the church, God bless the World ❤️🇺🇸
I suppose price gouging petrol companies in Australia will up their prices
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Well I am in California…..we will get screwed harder now.
Hoarding gold is wise decision right now