Gold Nears Record High Amid Growing Geopolitical Concerns

  • International
  • 16 April 2024
1

Gold prices rose on Tuesday, approaching last week's record high, as concerns over escalating geopolitical tensions between Iran and Israel boosted demand for the yellow metal as a safe haven.

Spot gold rose 0.2 percent to $2,387.11 an ounce, after hitting an all-time high of $2,431.29 on Friday. U.S. gold futures rose 0.9 percent to $2,403.90.

Source (Al-Arabiya.net, Edited)

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