Gold sees a breathtaking rally as Middle East conflict intensifies
Gold's rally was unfazed by rallying US Dollar, which despite a pullback in the US yields, extended its Thursday's advance. The metal closed with a huge gain of 3.32% at $1932 Friday. The yellow metal recorded a gain of $100 on the week as the ten-year US yields were down nearly 4% to 4.61%. The US Dollar Index closed with a gain of 0.60% at 106.67 on a weekly closing basis.
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