Gold hits two-week high as Fed outlook, Middle East conflict stay in focus

Gold prices hit a two-week high as markets focus on the Federal Reserve's future policy and the escalating conflict in the Middle East. This was reported by Qazaqyia.kz citing Reuters.

The rise in gold prices was supported by expectations of a possible interest rate cut by the Fed and geopolitical instability in the Middle East. Investors continue to invest in safe-haven assets, including gold.