India, June 13 -- Gold prices advanced more than 1 percent on Friday after Israel launched pre-emptive airstrikes against Iran, pushing investors to move towards safe-haven assets.
Front Month Comex Gold for June delivery jumped $50.30 or 1.5% to a new record closing high of $3,431.20 per troy ounce today. Notably, gold surged $108.50 or 3.3% this week.
Front Month Comex Silver for June delivery gained 6.80 cents 0.2% to $36.281 per troy ounce today. Silver climbed 25.60 cents or 0.7% this week.
Fears of Israel attacking Iran came true today when more than 200 Israeli Air Force fighter jets, hit hundreds of nuclear and military targets across Iran. In this operation, which the Israeli PM has termed "Operation Rising Lion", three senior I...