The gold price rose above 1,900 dollars (1,809 euros) for a troy ounce (31.1 grams) on Friday for the first time in two weeks. Due to the threat of an Israeli ground offensive in the Gaza Strip, investors are seeking refuge in the precious metal, which is seen as a safe investment in turbulent times on the stock exchange. This means that the gold price is on track to experience the strongest rise this week since March.
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Threatened escalation in Israel pushes gold prices above $1,900
