Investors flock to gold once again as a classic safe haven amid Middle East war escalations

(3min)
Gold Bars & Sitting on Financial Chart Background

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Gold prices (XAUUSD:CUR) rose alongside the US dollar (DXY) on Friday after news of the Israeli attack on Iran as a “classic safe-haven move.”

“The current upswing is largely driven by geopolitical risks and investment demand for tangible hard assets – particularly

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