Gold Prices Soar as Safe-Haven Demand Surges
TL;DR Summary
Gold prices surged close to a record high after Iran's attack on Israel increased demand for safe-haven assets, with bullion rising by as much as 1.2% before partially retracing. The conflict in the Middle East escalated as Iran launched over 300 drones and missiles at Israel, most of which were intercepted, resulting in no reported fatalities.
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