In this political climate, how do gold prices vary?
The recent US airstrike against the Syrian base of Shayrat,
justified by President Donald Trump with the need to punish Assad, considered
responsible for a chemical weapons attack against his own people, has given
rise to a series of cascading effects .
Among them those that have seen a decisive strengthening of
the price of gold on the commodity markets, moreover quite predictable by
analysts.
As is well known, gold is considered the safe haven asset
par excellence.
A reputation that derives in particular from its tendency to
preserve and, often, strengthen its value in the periods in which the markets
are used to denote a certain volatility.
Among the periods in question, the economic crises and those
in which the winds of war return to blow in a threatening manner must be
remembered.
In such periods, investors , in particular the larger ones,
tend to leave aside operations characterized by too high risk profiles,
concentrating precisely on the purchase
of gold .
A purchase that does not naturally concern physical gold,
but the contracts that regulate its sale.
However, a completely peculiar way of acting on the markets
should be highlighted: when a large operator, capable of moving large
resources, starts to move its investments towards goldothers tend to imitate
it, thus multiplying the effect it has created. As a consequence of this, the
price of the precious metal tends to rise dramatically, ultimately rewarding
the decision taken.
So what happened to
the gold prices?
In practice, it is precisely the situation that has arisen
after the US missile attack on Syria, justified by the need to prevent
government troops from starting war operations against civilian populations.
Since the first hours following the raid, gold prices have
thus started to rise again , prompting large investors as usual to stock up.
If you think that immediately after the event, the crisis
has even widened, also involving North Korea, it seems quite plausible to think
that for a few weeks, at least, the upward trend of gold should continue
without interruption.
A trend that could also be fueled by the possibility of a
rapid deterioration of relations between the United States and the European
Union on the one hand, and Russia and Iran on the other, with China currently
in a state of watchful waiting.
The first signs of this have been very evident, with the US government ready to threaten further intervention against North Korea, a country that for years now, like Iran, has been carrying out its nuclear program, justifying it with the need to equip themselves with weapons that can dissuade other governments from attacking it.
The tension that continues to build up hour by hour seems naturally destined to provide signals to operators, accustomed to evaluating the evolution of situations with the necessary coldness.
The first signs of this have been very evident, with the US government ready to threaten further intervention against North Korea, a country that for years now, like Iran, has been carrying out its nuclear program, justifying it with the need to equip themselves with weapons that can dissuade other governments from attacking it.
The tension that continues to build up hour by hour seems naturally destined to provide signals to operators, accustomed to evaluating the evolution of situations with the necessary coldness.
Also in this case, the possibility that a war clash may
arise, albeit limited, is naturally destined to fuel the rush to buy gold .
Ultimately, it is therefore a nightmare scenario for
ordinary citizens, but not for those used to coldly evaluate all the hypotheses
in the field, in order to operate their moves on the markets.
Comments
Post a Comment