"Major indices were in the red almost across the board after a weekend of inactivity, with Germany's DAX down by just over 2% and France's CAC 40 also roughly 2% down."
"Japan's benchmark Nikkei 225 closed down 3.5% at 51,515.49, having dipped lower still in the course of the day, while South Korea's Kospi nosedived by roughly 6.5%."
"Gold and silver, major gainers in recent years, were both in freefall, down almost 7% and 8%, respectively, as traders reacted to the geopolitical tensions."
Stock markets experienced significant declines on Monday, driven by concerns over escalating tensions in Iran and rising energy prices. Major Asian markets fell by over 3%, while European indices dropped around 2%. Japan's Nikkei 225 closed down 3.5%, and South Korea's Kospi fell by approximately 6.5%. Gold and silver prices also plummeted, losing more than 6% and 7% respectively. The declines followed a month of rapid losses in major western markets, particularly after recent US and Israeli military actions in Iran.
Read at www.dw.com
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