Commodities took centre stage as geopolitics rose to the fore. The fallout from the surprise attack on Israel by the terrorist organisation Hamas on October 7th, has reverberated across financial markets. Equities and bonds sold off sharply by 5.3%
and 3.2% respectively, in comparison broad commodities fell by 1.1% over the prior month. Commodities being a diverse bunch have continued to show their divergence in performance. Oil and gold prices continue to be dominated by the Middle East conflict. The conflict is the most severe in decades and the risk of regional escalation cannot be ruled out.
Historical performance is not an indication of future results and any investments may go down in value.
Article originally published by WisdomTree. FE fundinfo is not responsible for its content or accuracy and may not share the author’s views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.
Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.
