• +1 (312) 549-9986

Gold $4,034.74 $49.23 1.24% Silver $48.71 $0.88 1.84% Platinum $1,647.74 $23.25 1.43% Palladium $1,383.61 $39.83 2.96%

Gold firms as Middle East concerns boost safe-haven demand

Gold firms as Middle East concerns boost safe-haven demand

Jan 12 (Reuters) - Gold prices gained on Friday as fears of escalating conflict in the Middle East lifted the appeal of the safe-haven metal despite stronger than expected U.S. inflation data boosting the dollar and Treasury yields.

Spot gold was up 1% at $2,048.20 an ounce at 1254 GMT, extending its run above the $2,000 level to nearly a month. U.S. gold futures were up 1.7% at $2,053.50...[LINK]

Leave your comment