Skip to content Skip to footer

Gold futures gain $58 as safe-haven buying moves gold dramatically higher

Gold futures basis the most active December contract is trading dramatically higher, up $58.50 and fixed at $1941.40.

Today’s surge in gold pricing is the direct result of attraction by market participants to move a portion of their portfolio into a safe haven asset.

This is the direct result of the current geopolitical conflict between Israel and Hamas which escalated tremendously today.

Read more here