Gold rises to near six-year highs on US-Iran tension and central bank rate signals
Bullion prices have risen nearly 8% so far this month, and more than $70 over the past week
Bengaluru — Gold climbed back towards the previous session’s near six-year high on Monday, driven by dovish signals from global central banks and increased tensions between the US and Iran.
Spot gold was up 0.7% at $1,408.65 an ounce by 11.20am GMT, heading for a fifth straight session of gains. Gold prices hit $1,410.78 on Friday, their highest since September 4 2013...