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00:02Gold prices rose 2% on Wednesday, as the U.S. dollar slipped 0.2% and Middle East tensions
00:08increased demand for safe haven assets, according to CNBC. Spot Gold gained 2.2%
00:14to $5,198.58 per ounce, while U.S. gold futures for April delivery added 1.7% to $5
00:23,211.20.
00:25U.S. forces continued assaults on Iran, and Israel launched strikes on Iranian missile
00:30and air defense sites.
00:32Traders and analysts said gold is expected to retain support from the widening Middle East
00:37conflict, even as some investors favor the dollar as a safe haven asset.
00:41Markets expect the U.S. Federal Reserve to hold interest rates steady at its two-day meeting
00:46later this month.
00:47Spot Silver jumped 5.3% to $86.39.
00:51Platinum rose 5.1% to $2,189.68, while Palladium gained 3.6% to $1,705.71.
01:04For all things money, visit Benzinga.com.
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