Gold prices rise to near six-year high on US attack
Gold rose more than 1%; silver was last up 0.7%; platinum rose 1.3%; and palladium slipped 0.1%, but is on track for a 3% weekly gain
03 January 2020 - 13:37
Bengaluru — Gold rose more than 1% on Friday and was within a striking distance of the six-year high reached in September, as investors flocked to the safe-haven metal after a senior Iranian military official was killed in an air strike authorised by the US.
Tensions flared in the Middle East after Iranian Major-Gen Qassem Soleimani, head of the elite Quds Force, and top Iraqi militia commander Abu Mahdi al-Muhandis were killed in the air strike on their convoy at Baghdad airport...
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