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Oil extends rally after Iran attack, Hong Kong resumes surge
Oil extends rally after Iran attack, Hong Kong resumes surge
Economy
by  AFP

Oil prices rose more than one percent Wednesday, extending the previous day's rally, and safe haven gold pushed towards a record high after Iran's missile attack on Israel ramped up fears about an escalation in the Middle East. Demand for gold -- considered a go-to in times of uncertainty and turmoil -- pushed the precious metal close to its $2,685 record.