A new round of military conflict broke out between Israel and Palestine last weekend. This incident had a major impact on the financial market on Monday. The price of gold once jumped short and opened higher. The price of gold is currently trading around US$1,850 per ounce, while US stock index futures suffered a heavy fall.
In fact, the U.S. dollar has recently benefited from the Federal Reserve's aggressive interest rate hikes and the resilience of the U.S. economy. "The dollar's rise is solid, and economic growth and inflation are continuing. We are more likely to see an escalation of conflicts."