Geopolitical tensions and surging energy prices are forcing investors to prioritize liquidity and cash over traditional safe havens like gold. Oil prices are now the central market driver, with a structural supply imbalance and potential Strait of Hormuz disruptions posing significant macroeconomic risks. Emerging markets face varied impacts, with energy exporters better positioned than importers.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets