Gold surges past $3,400 on Israel-Iran war risk, soft US inflation boosts safe-haven demand

Gold price rallied for the third consecutive day after the Israel-Iran conflict erupted on Friday, triggering a risk-off mood in financial markets as fears that it could escalate loom. At the time of writing, XAU/USD trades at $3,422, up more than 1%.

Published by: Thomas Wallace's avatar Thomas Wallace