At 11:54 a.m. ET (1554 GMT), spot gold retreated slightly by 0.1% to $2,326.19 per ounce after reaching an all-time peak of $2,353.79 earlier in the day. Meanwhile, U.S. gold futures remained stable at $2,344.80.
Crude oil prices surged due to tensions in West Asia after the Israeli attack on the Iranian embassy. Iran vowed revenge. Brent Crude rose above $91 per barrel. US and China s economic growth also drives prices up.
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