Middle East War Bolsters Gold Prices
From puprime.com
The week started with a surge in gold prices, driven by the escalating conflict in the Middle East involving Israel and the Palestinian militant group Hamas. The week kicked off with a surge in gold prices, climbing nearly 1%, driven by the escalating conflict in the Middle East involving Israel and Palestinian militant group, Hamas. Simultaneously, oil prices recovered, jumping more than 4% after a significant weekly drop. Rattled by geopolitical tensions, investors sought refuge in precious metals and commodities. The dollar has responded positively to the war as traders seek safe haven currency. The dollar ...
(full story)