Asian stocks slip from 18-month peak amid US-Iran tension
Equities fall as investors take cover in the safety of gold, which hit an almost seven-year high
06 January 2020 - 07:54
Sydney — A gauge of Asian shares was toppled from an 18-month top on Monday as heightened Middle East tension sent investors scurrying for the safety of gold, which hit a near seven-year high while oil jumped to four-month peaks.
The US detected a heightened state of alert by Iran’s missile forces, as President Donald Trump warned the US would strike back, “perhaps in a disproportionate manner”, if Iran attacked any American person or target...
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