Gold surged close to a seven-year peak on Monday, as investors flocked to the sa...
- Gold surged close to a seven-year peak on Monday, as investors flocked to the safe-haven metal on escalating U.S.-Iran tensions, while palladium surpassed the level of $2,000 to hit a record high.
President Donald Trump threatened sanctions against Iraq on Sunday after Baghdad demanded that American and foreign troops leave, amid a growing backlash over the U.S. killing of a top Iranian military commander, heightening fears of wider conflict. Asian equities moved away from an 18-month peak and oil prices soared on the intense Middle East hostility. [MKTS/GLOB] [O/R]
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