Gold Climbs as Middle East War Drives Investor Rush to Safety
From finance.yahoo.com
Gold rose, as war in the Middle East rattled markets and sent investors flocking to safer assets. Bullion climbed more than 2% to around $5,390 an ounce in early trading, having gained more than 3% in the previous week as American troops amassed in the region. Conflict spread over the weekend after the US and Israel attacked Iran and Tehran responded with waves of missiles at targets in multiple countries. Iran’s supreme leader, Ayatollah Ali Khamenei, was killed on the first day of strikes. Wider geopolitical tensions and US President Donald Trump’s upheaval of international relations have been key factors in a ...
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