Gold price hits highest level in seven years
Gold approached $1,600/oz after Iran said it would no longer abide by any limits on its enrichment of uranium following the killing of Qassem Soleimani
06 January 2020 - 17:30
Singapore/London — Gold surged to its highest since 2013 as rising tension in the Middle East stoked demand for havens, with Goldman Sachs seeing more room to run. Palladium extended gains to a new record.
Bullion neared $1,600/oz after Tehran said it would no longer abide by any limits on its enrichment of uranium following the killing of Qassem Soleimani. US President Donald Trump said he was prepared to strike Iran “in a disproportionate manner” if it retaliated against any US target...
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