Investors told 'hold your nerve' as Iran strikes drive volatility

Since the joint US-Israeli strikes on Iran on Saturday (28 February), which killed supreme leader Ayatollah Ali Khamenei and led to Iranian retaliation, some investors have looked for defensive positions in traditional safe haven assets such as gold and oil.  At the time of reporting, gold was up 3.1% today (2 March) to over $5,412 per ounce, while Brent crude had surged 8.6% to $79.15 per barrel, according to data from MarketWatch.  Year-to-date, oil has risen 29.8% as geopolitical volatility has surged, while BullionVault's director of research, Adrian Ash, noted that Saturday's att...