Gold Prices Surge as Middle East Tensions Drive Demand for Safe Havens
The price of gold (XAU/USD) climbs 0.4% to approximately $3,400 during European trading hours on Tuesday. The yellow metal gains traction as investors seek safe-haven assets amid escalating conflicts in the Middle East. The rising uncertainty in the region fuels demand, keeping gold’s value on an upward trajectory. Experts anticipate that key geopolitical developments will continue to influence gold prices in the short term.