Oct 31, 2023 22:47
The future development of gold and oil markets is influenced by a variety of factors, including economic conditions, geopolitical events, and supply and demand dynamics. Geopolitical events, such as conflicts in the Middle East, have historically influenced gold and oil prices. Short-term wars, such as those in Israel, often have a shorter impact on markets than longer-term conflicts.

Based on past trends and current market conditions, many investors have a bullish outlook on the gold and oil markets. During times of war and uncertainty, gold and energy funds are frequently regarded as outperformers. Gold is a reliable hedge against inflation. Likewise, oil remains a crucial energy source, even as efforts are made to transition to cleaner alternatives. Energy funds, such as the $Franklin Natural Resources Fund (LU0300736062.MF)$ $BGF World Energy Fund (LU0122376428.MF)$ can be an excellent addition to a well-diversified portfolio, particularly if you foresee growth in the oil business. What I consider important is that diversification continues to be an effective method for mitigating risk and enhancing the stability of the investment portfolio.
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