Gold prices are trading in today’s Asian session above 2380 levels.
Due to heightened geopolitical tensions in the Middle East, there was increased interest in buying gold during the early morning session on Friday.
Gold prices are on the rise following an escalation in geopolitical tensions in the region. The recent surge in tension stems from Israel's missile strike in Tehran, contributing to the Iran-Israel conflict.
Additionally, gold prices saw a boost due to a weakened dollar, enhanced demand from Chinese buyers, and increased purchases by central banks.