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Gold prices jump since start of Israel-Gaza war – BBC News

Cathy Chance 6 months ago in Breaking News 15

The World Bank has been warning of increased risks of price rises of oil but also gold if the Israel-Gaza war escalates.

Long seen as a safe haven investment in times of upheaval, the price of the precious metal has risen by about 8% since the start of the conflict in the Middle East.

According to a new report from the World Gold Council it is also being bought up by central banks like never before.

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