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Gold sees more safe-haven buying amid geopolitical crisis

Gold prices are higher and near the daily high in midday U.S. trading Tuesday, on modest safe-haven buying as the Israel-Hamas war continues to unfold with very uncertain consequences.

December gold was last up $9.40 at $1,873.70 and December silver was up $0.061 at $21.975.

The marketplace is keenly focused on the Middle East as Israel has declared war on Hamas.

Many veteran market watchers, including this one, have been surprised the marketplace has not reacted more strongly to the major geopolitical crisis.

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