Gold Prices See Strongest Weekly Gain in 7 Months Amid Israel-Hamas Conflict and Falling Yields

Gold prices surge over 2% this week, set for strongest weekly gain in 7 months amid safe haven buying due to Israel-Hamas conflict

Escalating Israel-Hamas war driving investors to gold as a safe haven asset, causing yields to fall

Belief that U.S. Fed will not raise rates at November meeting also supporting gold prices

U.S. inflation data this week has pushed Treasury yields and dollar down, further aiding gold

Retail demand mixed - rising prices slowing Indian demand but Chinese premiums remain high