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Investors rush to buy gold due to intensifying US-Iran situation

Investors rush to buy gold due to intensifying US-Iran situation

13 Sept 15:55 Key points summarised by AI
  • Escalating tensions between the US and Iran, following the killing of General Qassem Soleimani, are prompting investors to buy gold for short-term speculation.
  • Global gold prices surged to a six-year high of US$1,588 per ounce, with analysts forecasting further increases, positioning gold as a preferred safe-haven investment.
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Economy 1/2
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