As the Iran conflict escalates, gold and silver prices are rising. Gold has increased by 1% to $5,200 per ounce, and silver has risen by 2% to $90 per ounce. Analysts point out that the ongoing war risk, disruptions in Middle Eastern oil supply causing supply shocks, and market expectations of interest rate cuts and cooling inflation have supported safe-haven demand, driving up the prices of gold and silver.

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