INSIGHTS: Gold/AUD Record High as U.S. Heads to Israel

Gold in AUD reached a record high last week, driven by rising inflation fears and escalating geopolitical tensions. The latest U.S. inflation report, coupled with growing military conflict in the Middle East, has pushed investors towards safe havens like gold. As the U.S. prepares to deploy missile systems to Israel, concerns over further escalation could keep supporting gold prices.

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