You are here: Home » Reuters » News
Business Standard

Oil, gold to gain on Syria strikes; Russian retaliation in focus

Reuters  |  LONDON 

By Jan Harvey and Sujata RaoLONDON (Reuters) - Gold and oil will extend their gains on Monday, albeit modestly, when markets open for the first time since Western powers launched a missile attack on Syria, but equities are unlikely to suffer big losses unless the West strikes again or Russia retaliates."The news flow is actually better than what it looked like at one point during last week as the strike was surgical, followed by a pullback. Reports show a lot of care was taken not to hit Russian targets, which is a good sign and the market should take heart from that," said Salman Ahmed, ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, April 16 2018. 00:19 IST
RECOMMENDED FOR YOU