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Gold and Silver Climb as Iran Attack Sends Haven Assets Higher
Friday, 3 January 2020 15:44 WIB | PRECIOUS METALS |GOLDEMASSILVER

Gold rose to a four-month high after a U.S. airstrike killed one of Iran's most powerful generals, ratcheting up tensions in the Middle East.

Spot bullion climbed 0.9% to $1,542.47 an ounce. Silver rallied 1.3%, while platinum and palladium also advanced. The yen strengthened 0.6% and oil jumped close to $70 a barrel.

The strike in Baghdad ordered by President Donald Trump killed Qassem Soleimani, the Iranian general who led the Revolutionary Guards' Quds force. Iran™s supreme leader, Ayatollah Ali Khamenei, vowed œsevere retaliation.

Source : Bloomberg

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