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Gold Rises Amid Growing Geopolitical Risks
Gold Rises Amid Growing Geopolitical Risks
00:32 GMT — Gold rises in early Asian trading amid growing geopolitical risks that are driving safe-haven demand for the precious metal. Given the recent rise in gold, investors seem to be anticipating a sharp escalation of the crisis in the Middle East region. Fawad Razaqzada, market analyst at City Index and FOREX.com, in an email. So far, gold has benefited from the support of safe-haven flows due to the situation in this country, adds the analyst. Spot gold is up 0.2% at $1,951.62/oz. (ronnie.harui@wsj.com)
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