Crude oil and spot gold prices have risen following the deadly attacks in Paris.
Despite hitting its lowest since February 2010 on Thursday, spot gold edged up by 1% to $1,094 an ounce. MKS group trader Sam Laughlin said “Safe-haven buying following the terrible events in Paris over the weekend has taken gold higher this morning,”.
Crude oil has seen a rise, following the response of French strikes to Islamic State targets in Syria, with Benchmark Brent LCOc1 increasing by 0.5% or 20 cents to %44.68 a barrel.
Markets in the Middle East were hit hard, where stocks in Egypt and Dubai hit their lowest of the year.