Gold prices climb as strikes on Iran kill Supreme Leader
Gold prices rose over 1 percent on Monday after US and Israeli strikes on Iran killed Ayatollah Ali Khamenei. Bullion hit successive record highs as a result.
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Gold prices climbed more than 1% on Monday as geopolitical tensions reached a boiling point in the Middle East. The surge followed news that the United States and Israel conducted significant military strikes against Iran. These operations resulted in the death of Supreme Leader Ayatollah Ali Khamenei, significantly escalating regional instability and driving investors toward safe-haven assets.
