2023-10-18 18:04:00
The price of gold reached its highest level since the beginning of August on Wednesday, with the escalation of conflict in Israel and the Middle East pushing the price of the precious metal towards $2,000 per troy ounce (approximately 31.1 grams).
In the followingnoon, the price of gold reached 1,962 dollars, or 39 dollars more than the day before. The precious metal is traditionally considered a safe haven for investors in times of turmoil.
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