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Gold $4,296.05 $16.17 0.38% Silver $61.78 $(1.84) -2.89% Platinum $1,746.20 $48.02 2.83% Palladium $1,502.28 $11.72 0.79%

Gold rises 1% as Gaza hospital blast triggers safe-haven inflows

Gold rises 1% as Gaza hospital blast triggers safe-haven inflows

Oct 18 (Reuters) - Gold rose more than 1% on Wednesday after a deadly blast in Gaza raised fears of an escalation in the Middle East conflict and pushed investors towards safe-haven assets.

Spot gold rose 1.1% to $1,944.90 per ounce by 1131 GMT, its highest since Sept. 20. U.S. gold futures jumped 1.2% to $1,958.90...[LINK]

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