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The price of gold is slightly below $2,000 an ounce and flirting with its all-time high of $2,074.88, reached in August 2020 during the depths of the COVID-19 pandemic. Gold has been marching higher in recent weeks following the outbreak of war between Israel and Hamas. The rising Middle East tensions are underpinning the price of gold, which has now gained 6% since Hamas attacked Israel on Oct. 7. Gold is viewed as a safe haven asset and investors tend to flock to it during times of geopolitica
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