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After Hamas's surprise attack on Israel, the prices of gold and silver went up very quickly. More fighting is happening in the area, which could have effects around the world.

The dollar went up and bond rates lowered as investors rushed to safe investments. Silver and gold both went up 5.7% and 2% in GBP since their lows last week. Gold has gone up 2.9% since its low point last Friday in USD, and silver has gone up 6.2% since its low point on Thursday.

The war is likely to have big effects on the economy and on politics around the world. Because of problems with sources, the prices of oil and gas have gone up, and this will make inflation even worse. In response, the US has said it will send more armed ships to the area, which makes people worry about the world's failing economies and the war between Russia and Ukraine.

The stock markets don't seem to be affected by what's going on, and the drop in bond prices has made them feel better. Fed officials' words that the recent rise in bond yields might make them decide not to raise rates have given people hope that the peak has been reached.

Gold and silver have stopped rising after a big jump, but they have kept their gains, which shows that people still want safe-havens. Wars are always a big reason why gold prices go up or down. The spring of 2022 and the Russia-Ukraine war are two examples.