The Gold Price Is Rocketing! Should You Invest?



Well, it’s been proved yet again that global tensions are bad for the share market and good for the gold price (and the ASX companies that mine it).

As Iran launches counter-attacks against US positions in the Middle East in response to the killing of Iranian General Qassem Soleimani, the S&P/ASX 200 (INDEXASX: XJO) as well as the major US indices have experienced losses.

Going the other way are the prices of oil and gold.

(Image by stux from PixaBay)