Deutsche Bank: Gold and Silver Over All

October 2023 Performance Review

There has also been a significant +7.3% rise in gold prices over October thanks to safe haven demand, which is the strongest month for gold since the banking turmoil in March.

October 2023 Performance Review

October was another weak month for markets, with several factors driving losses across different asset classes. In particular, the attack by Hamas on Israel on October 7 led to significant concerns about geopolitical risk, and investors remained cautious given concerns about a wider escalation. ( Note at bottom)