Gold Nears $5,600 as Investors Flock to Safe-Haven Assets

Gold continued to rise in spot trading on Thursday, approaching the $5,600-per-ounce level, as investors rushed toward safe-haven assets amid ongoing geopolitical and economic uncertainty. Meanwhile, silver moved closer to breaking through the $120 barrier.

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By 00:39 GMT, spot gold prices had climbed 2.1% to $5,511.79 per ounce, after touching $5,591.61 earlier in the session.

Reuters