Gold Prices Soar as Safe-Haven Demand Surges
TL;DR
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.
- Gold Jumps After Iran Strike Against Israel Stokes Haven Demand Bloomberg
- Gold hit another record high. Why Warren Buffett has always hated it CNBC
- Gold Bar Sales Are Surging at Costco. Why? The New York Times
- Gold prices hit a record high. What's behind the surge? ABC News
- Gold Futures Hit New Record on Central Bank Buying, Safe-Haven Demand The Wall Street Journal
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