{"id":75744,"date":"2023-10-23T05:47:25","date_gmt":"2023-10-23T09:47:25","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/oil-and-gold-prices-fall-as-israel-holds-off-on-gaza-ground-invasion\/"},"modified":"2023-10-23T05:47:28","modified_gmt":"2023-10-23T09:47:28","slug":"oil-and-gold-prices-fall-as-israel-holds-off-on-gaza-ground-invasion","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=75744","title":{"rendered":"Oil and Gold Prices Fall as Israel Holds Off on Gaza Ground Invasion"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-BAR-0000776484\">\n<div data-layout=\"wrap\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          wrap\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--wrap\n    article__inset--lead\n  \"><\/p>\n<p>        <!-- eventually when we know what this card will be we can change it and leave this one --><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-wrap\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<p>Oil and gold prices were falling early Monday as Israel held back from starting an expected ground invasion of Gaza.<\/p>\n<p>The violence in the Middle East has raised concerns that oil supplies from the region may be cut and encouraged investors to seek safe-haven assets such as gold. For now, the conflict isn\u2019t escalating or widening to other countries.<\/p>\n<div class=\"paywall\">\n<p>Hamas launched its Oct. 7 attacks on Israel from Gaza. Israel told people in Gaza to move south, ostensibly ahead of a ground assault on the northern part of the region. Over the weekend, Israel continued airstrikes. At the same time, a convoy from Egypt delivered food, water, and medicine into Gaza for the first time since the initial Hamas attack.<\/p>\n<p>There were also skirmishes between Israeli forces and Hezbollah on the border with Lebanon.<\/p>\n<p>Tensions in the region remain high, but aren\u2019t boiling over into wider conflict yet. The worry for investors is that the fighting could formally involve Iran or Saudi Arabia, both major producers of oil.<\/p>\n<p>West Texas Intermediate, the U.S. standard for oil prices, fell 0.8% to $87.38 a barrel. Prices topped $90 at the end of last week. Brent crude, the international standard, slipped 0.6% to $91.64.\u00a0<\/p>\n<p>Gold, which has been flirting with the psychologically important price of $2,000 an ounce, fell 0.2% to $1989.90.<\/p>\n<p>Write to Brian Swint at brian.swint@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/israel-hamas-gaza-oil-gold-price-788be1c3?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil and gold prices were falling early Monday as Israel held back from starting an expected ground invasion of Gaza. The violence in the Middle East has raised concerns that oil supplies from the region may be cut and encouraged investors to seek safe-haven assets such as gold. For now, the conflict isn\u2019t escalating or [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":75745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-75744","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Oil and Gold Prices Fall as Israel Holds Off on Gaza Ground Invasion | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Oil and gold prices were falling early Monday as Israel held back from starting an expected ground invasion of Gaza. 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