Gold remains the most popular asset
The week begins again for Russian markets turns on the slide. Indexes of Russia and the United States have closed lower, and the ruble took a little the position the end of the session.
The USA, together with Britain and France struck a multiple attack on various targets in Syria. Russian air defense objectives was not, however, in the future, not excluded it. Moreover, the U.S. permanent representative to the UN, Nikki Haley has announced new sanctions against Russia, from which later the White House denied. These measures could send the Russian ruble and the most vulnerable are the tools of our market to new lows.
Again today will be a high volatility, many will try to shift in their instruments and make the portfolio ready for the new changes at affordable prices. Oil and gold continue to be the main beneficiaries of what is happening. “Black gold” will continue to rise, not paying attention to the increase in the number of drilling rigs (815 compared to the 808 earlier) on the news about tensions between the countries – holders of nuclear weapons, as well as possible sanctions on transactions with Russia.
Gold remains the most popular asset preservation funds investors, so the investment in gold are normal its market to new highs. Other tools for preserving assets do not have this capacity and liquidity, so it will not strengthen until the heat of tension.
“International financial center”