Gold rallies to near-two month high as Middle East conflict intensifies Investing Investors were flocking to gold on Friday after Israel’s attack on Iran sparked a demand for the safe haven asset. The rush sent gold prices up one per cent to their highest level in nearly two months at $3,441.90 The bullion pulled on track for a weekly gain as the Middle Eastern conflict ramped up. [...]
FTSE 100 extends record win streak as gold miners rally Markets The FTSE 100’s record run, fuelled by a recovery in investor sentiment following a pullback in US tariff threats, extended to 16 days on Tuesday. The blue-chip index had another nail-biting session fluctuating between small gains and losses before scraping a 0.01 per cent win. Gold miners led the risers as Endeavour and Fresnillo topped [...]
UBS says buy gold miners Endevour, Barrick and Franco-Nevada Investing Gold prices hit a new high of $3,127 (£2,416) earlier today, taking gains over the past week to 3.2 per cent as investors flocked to the safe haven amid increasing concern about the economic risks of US president Donald Trump’s tariffs. However, analysts at UBS have argued that miners, not gold, are the better buy. [...]