The price of gold hit a record high Monday as the shock death of Iranian President Ebrahim Raisi in a helicopter crash boosted support for the precious metal seen as
London stocks were still in the black by midday on Monday, with miners pacing the gains as gold and copper prices jumped, as investors mulled dovish comments from the Bank of England’s Deputy Governor and looked ahead to key inflation data later in the week.
The price of gold hit a record high Monday as the shock death of Iranian President Ebrahim Raisi in a helicopter crash boosted support for the precious metal seen as