The war in the Middle East continues to disrupt financial markets. Gold and silver, in this context, saw significant falls during the morning of this Thursday, March 19th.
Futures contracts for gold is falling 3.88%, up to $4,706.24 per ounce, at 9:43 am. At stake are lows from early February, when the announcement of Kevin Warsh as the next Fed president caused a sharp drop.
At the same time, silver falls 7.99% to $4,706.24which means it is in minimums of January 1st.
For these moves contributes to the depreciation of the dollaras one euro is now worth 1.1479 dollars, 0.24% more than at the beginning of the session.
The war in the Middle East has been going on for almost three weeks and is causing strong movements in the markets, as a result of investor speculation regarding the upcoming episodes.
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