Dax slips over 500 points – Ukraine conflict makes investors buy gold and government bonds

Dusseldorf The Ukraine conflict has become the dominant topic on stock exchanges worldwide. And as is often the case in the run-up to possible military conflicts, share prices plummet. In return, the prices of the so-called safe havens such as gold and government bonds are rising.

On the German stock market, the Dax collapsed by 580 points in the morning and marked a new low for the year at 14,844 points. The course makes it clear that the fear of further rising energy prices in the event of a military escalation on the Russian-Ukrainian border is very great. A further surge would certainly stall the economic recovery from the pandemic.