Gold prices at NSE up on Iran conflict jitters

Gold prices rose by more than 2.4 percent to over $5,400 an ounce (Sh696,708) as investors sought haven assets.

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Gold prices at the Nairobi Securities Exchange (NSE) rose on Monday as precious metal rates globally jumped on investor jitters over renewed volatility following the US-Israel strikes on Iran that has sucked in countries in the Middle East.

The Gold exchange-traded funds (ETFs) rose to Sh6,555 per unit yesterday from Sh6,230 on Friday, resuming a yearlong rally that had peaked last month.

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