Gold, Crude Oil Find Gains Amidst Saudi Attacks

Spot gold is up in all markets today as a result of greater conflicts in the Middle East. Gold is currently at $1,272 per ounce. Crude oil is also up, rising to its highest level since mid-2015 at $62 per barrel.

Boosting these markets is the recent political upheavals and acts of violence out of the Middle East today. Just this morning, a missile was fired from Yemen, aimed for the Saudi capital of Riyadh. Saudi Arabia has since launched its own attack on the anti-government Houthi rebels in Yemen.

In markets, the S&P 500, Nasdaq, and Dow Jones industrial average are trading still near all-time highs reached last Friday on their indices. The European and Asian stock markets are also seeing growth. The German economy is also seeing significant strength.