After Israel's attack on Iran, gold continues to rise.
Gold continued its upward trend in the Asian trading session. The spot price of gold rose by 1.5% to $3,435.77 per ounce. Israel launched a large-scale attack on Iran's nuclear program, targeting dozens of sites, escalating tension in the region. "As a result of this event, there is a general sense of risk aversion in global markets," said independent market analyst Tina Teng based in Auckland. Teng also noted that the prices of safe-haven assets such as gold have surged.
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