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Middle East tensions: Gold prices jump 2% on Iran conflict; India braces for diamond supply crunch
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Gold prices surged as major strikes on Iran, reportedly killing Supreme Leader Ayatollah Ali Khamenei, intensified geopolitical tensions and fears of economic instability. The attacks triggered further retaliatory actions, creating a volatile environment that benefits gold as a safe-haven asset. Analysts predict continued price increases, with major banks forecasting gold to reach $6,000-$6,300 per ounce. What's Your Reaction?
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