
Japan Stocks Close Lower; Nikkei 225 Drops 2.22%
October 2, 2024
Stock Market Decline Amid Middle East Tensions
October 2, 2024Gold prices soared close to record highs following Iran’s assault on Israel, with a potential rally towards $2700 if resistance at $2675 – $2685 is surpassed. Meanwhile, Silver registered gains amid escalating geopolitical tensions, although a gold/silver ratio exceeding 84.50 suggests a bearish outlook for Silver. Platinum briefly breached the $1000 mark before retracing, facing downside pressure if support at $975 – $985 gives way.



