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London
November 14, 2024
PI Global Investments
Precious Metals

Gold hits new record high after Iran shock


Photo: Chris Collins/Getty

Photo: Chris Collins/Getty

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 a haven investment.

Copper also struck an all-time peak and silver jumped to the highest level in more than 11 years – with markets generally gaining from a brighter economic outlook.

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