Pakistan Gold price today: Gold rises, according to FXStreet data
India Gold price today: Gold rises, according to FXStreet data
Malaysia Gold price today: Gold rises, according to FXStreet data
Gold rises for fifth day on Middle East tensions, modest USD pullback
Gold continues to hold its uptrend as crude oil absorbs fresh geopolitical headlines from the Middle East. While Brent's sharp spike injected volatility into energy markets, bullion's response has been more measured.
Gold rises above $5,300 as US-Iran conflict drives safe-haven demand
Gold rallies towards $5,300 as Mideast war, Oil spike stoke haven bid
The U.S. operation in Iran may put pressure on the global economy and reduce demand for silver.
Last week's open saw gold prices run aggressively higher as the ascending triangle gave way, and after an early week pullback to support at prior resistance, bulls went right back at the bid to create another Friday rally that saw prices push up to a fresh high.
Gold was easing off its earlier highs and silver had turned negative by afternoon trading in London. The dollar was clearly on top in the FX space, and US bond yields were on the ascendency.
Gold: Safe haven bid on Middle East risk – OCBC
Gold jumps to kick off the trading week, as the Americans and Israelis have launched a military action against the Iranians. Concerns of an expanding war will be an underlying theme in this market.