![Gold prices up, headed for a second consecutive weekly gain](http://media.assettype.com/english-sentinelassam%2Fimport%2Fh-upload%2F2023%2F10%2F20%2F486706-gold-p.webp?w=480&auto=format%2Ccompress&fit=max)
MUMBAI: Gold prices rose to a three-month high on Friday and were headed for a second consecutive weekly gain, on the back of a safe-haven demand due to the Middle East conflict and expectations that the US Federal Reserve was likely to pause rate hikes. Gold, seen as a safe store of value during times of political and financial uncertainty, has risen 2.2 percent so far this week. (IANS)
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