No more safe haven? Gold prices slip to six-week low as Middle East conflict drags on
Gold prices tumbled to their weakest level in more than a month on Monday as rising oil prices and fresh Middle East tensions shook investor confidence, pushing traders away from the safe-haven metal.Spot gold fell 1.1% to $4,488.99 per ounce, its lowest since March 30, while US gold futures for June slipped 1.5% to $4,493.30.Pressure…