ASX volatile as reports of Israeli attacks on Iran. Gold, Silver and Copper surge
Betashares Crude Oil Index ETF – Currency Hedged (Synthetic) (OOO) is an exchange traded fund seeking to provide investment results that correspond to the price and yield performance of the S&P GSCI Crude Oil Index (the Underlying Index), with a currency hedge against movements in the AUD/USD exchange rate. The responsible entity is BetaShares Capital Limited.
Westgold Resources Limited (WGX) is a West Australian gold producer located in the Murchison and Bryah regions of WA. The Company has tenure of more than 1,300 sq.km. and operates four underground mines and three processing plants with an installed processing capacity of approximately four million tonnes per annum.
Recent rumors suggest that Israel has launched a military strike in Iran. This development can potentially escalate tensions in the Middle East, leading to increased geopolitical uncertainty.
Fed speakers were especially hawkish this week, triggering a sell-off in equites. While copper saw 2-year highs on a potential structural shortage
Equities notched their 5th straight day of losses, the longest losing streak since October, as hawkish Fed speak pushed treasury yields higher
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