PUBLISHED : 18 Oct 2024 at 08:59
Palestinians inspect the damage following an Israeli airstrike on the Rufaida al-Aslamia school in Deir Al-balah, Gaza, on Thursday.
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Palestinians inspect the damage following an Israeli airstrike on the Rufaida al-Aslamia school in Deir Al-balah, Gaza, on Thursday. Bullion rose as markets reacted to Israel’s killing of Hamas leader Yahya Sinwar. (Photo: Bloomberg)

Gold reached a record high as escalating Middle East conflicts saw investors flock to safety, even as mixed data on the US economy dashed hopes for large rate cuts by the Federal Reserve this year.

Bullion rose as much as 0.2% to…

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