Gold price hits record high after Raisi death ...News

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Gold price hits record high after Raisi death
The Iranian president’s helicopter crash has spurred a ‘safe-haven’ rush among investors The price of gold hit record highs during trading on Monday amid concerns over increased geopolitical uncertainty in the Middle East following the death of Iranian President Ebrahim Raisi. Gold is generally considered a ‘safe haven’ investment in times of uncertainty. Raisi, the leader of the Islamic Republic, died in a helicopter crash on May 19 in the country’s northwestern East Azerbaijan province. The head of state had traveled to the border region after joining Azerbaijani President Ilham Aliyev on Saturday to inaugurate

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