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Gold takes aim at fresh 2013 highs as U.S.-Iran tensions build

June 25, 2019

Geopolitical tensions helped nudge investors into gold on Tuesday, with the precious metal poised to mark its highest finish in over six years.

Gold has seen an “extraordinary march higher as global economic worries, political worries and U.S. politics underpin many bids from buyers, in many countries, as opportunity costs for buying gold have also lowered buyers’ resistance,” said George Gero, managing director at RBC Wealth Management.

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