gold, page-121396

Want a laugh =The VIX numbers & graph=... Barchart never read so good=
"December gold (GCZ3) on Friday closed +58.50 (+3.11%), and Dec silver (SIZ23) closed +0.936 (+4.26%). Precious metals prices Friday rallied sharply, with gold posting a 2-1/2 week high and silver posting a 2-week high. Concerns that the conflict between Israel and Hamas could escalate throughout the Middle East sparked safe-haven buying of precious metals after Iran’s foreign minister said Hezbollah militants could open a new front in the Israeli war if the blockade of Gaza and attacks there on civilians continue. Also, lower global bond yields Friday were bullish for precious metals. Gold garnered additional support on increased demand as an inflation hedge after the University of Michigan U.S. Oct inflation expectations unexpectedly increased, and after the 10-year breakeven inflation rate jumped to a 2-week high of 2.369%. "
https://www.barchart.com/story/news/21096565/dollar-gains-on-safe-haven-demand-from-middle-east-turmoil