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Gold Rises Most in Two Weeks on Equities Drop, Mideast Tensions

  • Saudi-Iran dispute spurs gold after longest slump since 1998
  • Silver gains on first trading day of year; palladium declines
Gold bars.
Photographer: Chris Ratcliffe/Bloomberg
Updated on

Gold had the biggest gain in two weeks as plunging global equities and mounting tensions in the Middle East spurred a return to haven assets.

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