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Gold prices surged more than 1% on Monday as investors sought safe-haven assets amidst escalating geopolitical tensions. The increase follows reported strikes in Iran.
The price of gold increased as investors reacted to uncertainty in the region.
This latest increase builds on a significant surge, with gold prices up 64% since 2025, fueled by strong central bank purchases, substantial inflows into exchange-traded funds, and anticipation of looser U.S. monetary policy.
