Current location - Recipe Complete Network - Food world - The war between the United States and Iran, even though Iran itself is not that big, why does it also cause gold to rise? Also, will the price of gold rise when a war breaks out in a small country?
The war between the United States and Iran, even though Iran itself is not that big, why does it also cause gold to rise? Also, will the price of gold rise when a war breaks out in a small country?

Iran is also a big country in the Middle East. At the same time, Iran's position is also very critical. It can block the maritime routes for oil exports in the Middle East, so it has a relatively large international influence. As the saying goes, antiques in prosperous times and gold in troubled times can explode with one order. The possibility of war may cause inflation (that is, a sharp rise in prices). In order to preserve the value of money, it is most cost-effective to invest in gold.