Gold Prices Surge Amid Middle East Tensions and Slowing US Inflation

Gold prices jumped over 3% on Friday, poised for best week in 7 months amid Middle East conflict and expectations of peaked US interest rates

Investors flocking to safe havens like gold as risks of Middle East tensions grow with Israeli ground raids into Gaza

US consumer prices rose in September but underlying inflation slowing, reducing expectations of Fed rate hikes

Silver climbed 4% on track for first weekly gain in 3 weeks; platinum rose 1.4% while palladium dropped 0.3%

Commodities like gold rallying as investors seek safe havens amid geopolitical uncertainty in Middle East