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why did iran us tensions affected gold price in india?

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Nomad7 · 26-30, M
The sell off means that people will shift to safer havens, namely gold
tenente · 100+, M
@Nomad7 best answer
plungesponge · 41-45, M
The US economy relies on the Middle East agreeing to sell oil in dollars, if the US and the Middle East are inching towards war then the possibility increases of the US dollar losing value and then the massive debt America has wracked up suddenly becomes relevant and every man and his dog will want something else that holds its wealth, namely gold.
ONLY Gold Price !!! What about Oil price and fall of Sensex & Nifty !!!?
Tukudo · 41-45, M
Because of stock market exchange! Many countries are said Independent but in what way Independent I don't know! When US kill someone in Iran or some other place in the world, why should the Gold market go high? So there is no economic Independence.😒
devilhunter · 26-30, M
oil price will also affect a lot..
Price of oil about to go up?
antonioio · 70-79, M
With the thread of war gold prices always go up
Immia · F
Tensions would raise my price too.
KA9ha · 31-35, M
aall gold prices are centered from NY Gold and bullion control

 
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