Markets worldwide were thrown into a tailspin as tensions escalated between Iran and the United States. The US Dollar made significant gains while Gold, Silver, and other base metals faced a brutal crash. The volatile situation in the Middle-East rattled stock markets, bonds and triggered a base metal selloff setting alarm bells ringing in Wall Street as well as other global trading platforms. Expectations of a hike in defense spending are suspected to be driving up the value of the Dollar, however, it rang the death knell for precious metals such as Gold and Silver. Investors are advised to tread carefully as these circumstances bring about a drastic shift in market dynamics. Read More
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