Gold Rises as Middle East Tensions Boost Demand

  • International
  • 15 April 2024
1

Gold prices rose on Monday, hovering below a record high reached in the previous session, as escalating tensions in the Middle East boosted appetite for the safe-haven precious metal. Spot gold rose 0.3 percent to $2,350.59 an ounce.

U.S. gold futures fell 0.3 percent to $2,366.40 an ounce. Gold hit an all-time high of $2,431.29 an ounce last Friday.

Source (Al-Arabiya.net Website, Edited)

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