Netanyahu says Israel's response to Gaza attack will "change the Middle East"

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This commodity may have already hit its quarterly low - RBC Capital

October 10, 2023 11:09 AM EDT

Spot gold rose significantly on Monday in response to the military conflict in the Middle East, climbing to a high of $1,864.15 per ounce.

In a note assessing the current trajectory of the yellow metal, RBC Capital analyst Christopher Louney told investors that gold benefitted from its role as a perceived safe... More