Gold rose to a record high — the 50th day it’s done so this year — on escalating geopolitical tensions and prospects for more US rate cuts. Silver also set an all-time peak. Meanwhile oil edged slightly lower after a four-day run of gains as the US continued its blockade of shipments of crude from Venezuela. Rachel Ziemba, Founder of Ziemba Insights spoke to Bloomberg’s Lizzy Burden on Horizons Middle East and Africa on the impact of geopolitical tensions on commodities. (Source: Bloomberg)