Middle East tensions

Gold surges as Middle East tensions spur safe-haven rush

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[ Gold prices rose above $2,400 per ounce to an all-time high on Friday, heading for their fourth week of gains, as growing tensions in the Middle East prompted investors to seek refuge in the safe-haven assets. Spot gold eased 0.8% to $2,353.35 per ounce as of 1:40 p.m. ET (1740 GMT), taking a breather … Read more

Oil prices tick up as Middle East tensions rise

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[ BEIJING: Oil prices ticked higher in Asian trading as markets measured rising tensions in the Middle East against a surprise build in US crude stockpiles that pushed oil benchmarks down about 80 cents in the previous session. US West Texas Intermediate crude futures gained 20 cents, or 0.28%, to reach $71.57 a barrel by … Read more