Gold gains on safe-haven inflows, set for best week since March
Gold jumped more than 2% and was set for its best week in seven months on Friday, as conflict in the Middle East lifted safe-haven demand for the metal, combined with expectations that the U.S. interest rates may have peaked. Spot gold rose 2.1% to $1 907.30 per ounce by 9:22 a.m. ET (1322 GMT). US gold futures added 2% to $1 921.20. Prices were up 4.1% for the week.