First published by Money Metals Exchange here: https://www.moneymetals.com/podcasts/2023/10/13/gold-surges-on-middle-east-war-and-likely-fed-pause-002846
<p><img src='https://www.moneymetals.com/uploads/content/youtube-thumbnail-mikegleason-social.jpg'/></p>A hotter than expected inflation report helped trigger a spike in bond yields and a selloff in stocks. Precious metals, meanwhile, are garnering some safe-haven buying as the threat of a larger-scale war grows pitting the United States and Israel against Hamas, Iran, and other avowed enemies of the Jewish state.