Gold price today: Still increasing regardless!

Today, the price of gold continues to remain high and has a tendency to increase to nearly 2385 USD, with moments approaching the threshold of 2,400 USD/ounce.

Escalating tensions in the Middle East serve as a supportive factor for gold. Recent capital flows have consistently sought out gold as a safe haven. Gold could easily surpass the 2,400 USD/ounce mark for the second time if conflicts intensify in this region. Furthermore, it has already risen due to central bank purchasing activities and expectations of increasing inflation.

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