Iran-Israel Tension: Indian market will be shaken by Iran-Israel war, there will be a boom in these sectors including gold-silver!
Israel-Iran Conflict Affects Indian Market: Tension has increased in the Middle East, Israel and America have attacked one after the other, experts believe that this war will last long. Now investors from all over the world including India are scared due to the outbreak of this war. Why are investors around the world scared and what will be its impact on India? Let us know.
There may be turmoil in the stock market
Clouds of war were looming between Iran and Israel since Friday i.e. 27th February, but now the war has reached a dangerous point. In such a situation, experts believe that there may be a huge decline in the stock markets of the world including India on Monday, the extent of this decline will be known from the sentiment and selling of investors. A media report is claiming that due to this sentiment, Sensex closed down by 961 points or 1.17 percent and Nifty closed down by 317 points or 1.25%.
Can the prices of gold and silver increase?
It has been observed that whenever there is a war or war-like situation at the global level, investors turn to ‘safe haven assets’ to avoid risk. In such an environment, the demand for precious metals like gold and silver increases rapidly, due to which there is a rise in their prices. Looking at the current international developments, once again there are signs of strength in the bullion market.
Also read: America-Israel targeted Khamenei, where is Ayatollah Ali Khamenei? China’s satellite revealed the truth!
Crude oil prices will also be affected
Many reports quoting experts are claiming that amid the ongoing tension in the Middle East, a sharp rise in crude oil prices is certain, which may increase pressure on inflation. Many countries including India are using the ‘Strait of Hormuz’ That is, they import crude oil on a large scale through the Strait of Hormuz. In case of war, there is a possibility that this important sea route will be disrupted, which will affect the supply.
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