amid continued geopolitical tensions in the Middle East. The US Federal Reserve (Fed) also turned dovish, which is a positive signal for precious metals bulls.
The Fed also turned dovish, which is a positive signal for precious metals bulls.
In the Middle East, the assassination of senior leaders of the Iran-aligned Hamas and Hezbollah militant groups has raised concerns that the region could be on the brink of all-out war, boosting demand for gold as a safe-haven asset
FGE said that the week's events have "undermined" ongoing ceasefire talks between Israel and Hamas and brought the prospect of conflict across the region closer.
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