By Noel John Feb 4 (Reuters) - Gold rose further on Wednesday after logging its biggest daily gain in 17 years in the previous session, as investors flocked to the safe-haven asset amid fresh U.S.-Iran tensions.

The surge in safe-haven precious metals also saw silver hit another peak and has been helped by a softer dollar sparked by speculation that the US president is happy to see the world's reserve currency weaken.

There have been lots of speculations about the increase in the price of gold by some 50 percent (from $2,800 to above $4,000 per ounce) since February 2025. Many attribute the increase to global political uncertainty, debt levels in the U.S., and countries ...

Gold hit a fresh high on amid investigations into Federal Reserve chair Jerome Powell. Spot gold advanced 2% to hit over $4,600 an ounce for the first time on Monday. Latest flashpoints involving Iran and Venezuela also further catalyzed gold's appeal as a ...