London stocks fall as geopolitical tension halts winning streak
The FTSE 100 fell on Friday to end its longest winning streak since August. Geopolitical concerns spurred safe-haven demand for gold and silver as stocks slipped.
Insights:
The FTSE 100 index in the United Kingdom
GBclosed down 0.07% on Friday, breaking a three-week winning streak during which the market had gained approximately 3.5%. This period of growth had been the longest winning streak for the blue-chip index since August. The market retreat followed renewed geopolitical uncertainty linked to Donald Trump donald trump, the President of the United States
US, who made tariff threats regarding Greenland over the previous weekend. While Donald Trumplater backed away from these threats and ruled out acquiring the territory by force, the initial geopolitical friction weighed on investor sentiment.
Despite the broader decline, commodity-linked sectors provided a notable hedge for portfolios. Energy firms, influenced by the price of Crude Oil , closed up 0.8%. Even more significant gains were seen among precious metals miners, whose sector index gained 2% on Friday. This contributed to an 11.3% weekly gain for the sector, representing the largest weekly rise for precious metals miners since November. In the commodities markets, Gold approached $5,000/oz while Silver crossed the $100/oz mark as investors moved into safe-haven assets.




