Monday Outlook: Oil surges, gold soars as Gaza-Israel conflict rattles markets

Monday Outlook: Oil surges, gold soars as Gaza-Israel conflict rattles markets

Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.

US stocks skid, oil surges on Middle East conflict

Oil prices jump over 5% on Middle East hostilities

Oil prices jump more than $4 as Middle East violence rattles markets

Brent crude rose $4.18, or 4.94%, to $88.76 a barrel

Gold soars as investors bolt for safety from Middle East violence

Spot gold jumped 1% to $1,850.87 per ounce

Dollar, yen gain on flight to safety as Hamas attack rattles nerves

The risk-sensitive Australian and New Zealand dollars meanwhile fell in thinned Asian trade

Mideast Stocks: Major Gulf bourses drop amid surging Gaza-Israel conflict

Saudi Arabia's benchmark index slumped 1.6%, the sharpest decline in 10 months

Wheat rises as dry weather fans fears of tighter supply

In Ukraine, grain exports are down 27.8% to 6.92 million metric tons

Gain a deeper understanding of financial markets with Eikon

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