Gold prices have risen nearly 5% in the last week and are approaching its all-time high of $2,074.88 per ounce as investors flock to the safe-haven asset with the conflict between Israel and Hamas escalating.
The price of gold reached its all-time high in August 2020 during the peak of the Covid-19 pandemic, which was another event that rattled markets and sent investors running for safe havens. This is typical of gold, which tends to pe...