Gold hits one-week high amid signs of Middle East de-escalation

Gold hits one-week high amid signs of Middle East de-escalation

Business

Gold prices rose sharply on Wednesday in response to signs of easing tensions in the Middle East conflict.

On the London market, a 31.1-gram ounce of gold was priced at $4,713, which is 3.42 percent higher than on Tuesday.

This marks the highest level in more than a week, CE Report quotes STA.

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