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Gold price hits eight-year high after Iran attacks a base in Iraq housing US troops

Gold Investment Experts by Gold Investment Experts
in Gold Jewelry
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Gold price hits eight-year high after Iran attacks a base in Iraq housing US troops
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Michael McCrae

U.S. bases and different places in Iraq have come beneath assault early Wednesday.


Spot gold is buying and selling $1,606 as of seven:43 p.m. ET, leaping practically $30 since late this afternoon. The final time gold traded this excessive was in 2012. Oil can be spiking. WTI crude is up 4% to 65.32 a barrel.


Tensions within the area have been excessive following the assassination of the head of Iran’s elite Quds Force, Major-General Qassem Soleimani. He was killed after a U.S. air strike on his convoy, which was leaving the Bhagdad airport. Iranian officers confirmed the killing and vowed revenge.


Fox Information mentioned missiles had been fired early Wednesday in a number of places throughout Iraq, and U.S. forces had been focused. The weapons are both cruise missiles or short-range ballistic missiles. No stories have been given on accidents or injury. President Trump has been briefed on the assault.





Gold price hits eight-year high after Iran attacks a base in Iraq housing US troops 1

Disclaimer: The views expressed on this article are these of the writer and should not mirror these of Kitco Metals Inc. The writer has made each effort to make sure accuracy of knowledge offered; nevertheless, neither Kitco Metals Inc. nor the writer can assure such accuracy. This text is strictly for informational functions solely. It isn’t a solicitation to make any trade in commodities, securities or different monetary devices. Kitco Metals Inc. and the writer of this text don’t settle for culpability for losses and/ or damages arising from using this publication.



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