Gold futures close higher, with flights out of gold hub Dubai mostly halted due to the fighting in the Middle East. Because of how much gold moves through the country, some analysts think that gold may start to reflect increased costs. “Material can of course be sourced from elsewhere, but I would expect that to come at a price as we would be looking at a seller’s market,” says Rhona O’Connell of StoneX in a note. Flights are mostly stopped around Dubai due to attacks from Iran. Front-month gold futures settled up 0.3% to $5,120.20 a troy ounce. Front-month silver settled down 0.4% to $82.633 a troy ounce.
Source : ( Tradingview.com )