Safe-haven assets rallied in unison on Friday after the U.S. killing of a top Iranian general in Iraq sparked a broad flight to safety move on fears of a broader conflict that disrupts energy production and drags down the global economy.
Gold rose more than 1% to $1,547.19 per ounce, inches away from hitting a six-year high reached in September. The benchmark 10-year Treasury yield, which moves inversely with bond prices, tumbled more than six basis points to around 1.82%, the biggest decline in one month. The U.S. dollar index popped 0.2%, while the Japanese yen hit a two-month high of 107.92 against the greenback.
Source : CNBC