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The Economic Times

Business / The Economic Times

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Gold climbs 2% as US-Israel strikes on Iran raise regional temperature

Gold prices saw a significant jump on Monday. This surge followed major strikes by the U.S. and Israel on Iran, leading to the death of Supreme Leader Ayatollah Ali Khamenei. The events have heightened global tensions and economic uncertainty. Gold, a traditional safe-haven asset, reached its highest point in over four weeks.

2 Mar 2026 6:44 am