Gold Price Makes Comeback Rally Over Mideast Tensions

Gold’s price rallies back above $1,500 a troy ounce on Monday. | Image: Shutterstock Gold’s price staged a large relief rally on Monday, as investors’ risk appetite soured following the latest developments in the Middle East. Dow futures also fell sharply ahead of the opening bell in New York, mirroring a subdued market for stocks. Gold Rises; Silver Follows Precious metals advanced sharply on Monday even as the U.S. dollar strengthened against a basket of its major peers. Dollar-denominated gold and silver often move inversely with the greenback because the…

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