Precious Metals
Spot gold tops $2 700 as metal extends its record-breaking run
Bullion reached climbed as much as 0.3% to $2 700.47/oz, after Israel said it killed Hamas leader Yahya Sinwar, the architect of the Palestinian group’s attack on southern Israel that triggered a year-long war in Gaza.
Haven demand is outweighing macro headwinds that would normally pressure the non-yielding precious metal, after mixed US economic data on Thursday diminished bets on the scale of Federal Reserve easing this year.
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