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Gold $2,938.88 $6.28 0.21% Silver $33.10 $(0.1) -0.3% Platinum $984.15 $(2.36) -0.24% Palladium $960.26 $9.86 1.04%

Mideast tensions keep gold near 2-1/2 month peak; focus on Powell's speech

Mideast tensions keep gold near 2-1/2 month peak; focus on Powell's speech

Oct 18 (Reuters) - Gold edged higher to near 2-1/2-month high on Thursday as fears of an escalation in the Israel-Hamas conflict kept demand for safe-haven assets intact, with focus also on U.S. Federal Reserve Chair Jerome Powell’s speech later in the day.

Spot gold rose 0.1% to $1,950.49 per ounce by 1141 GMT after hitting its highest since Aug. 1 in the previous session. U.S. gold futures eased 0.3% to $1,962.30...[LINK]

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