Gold prices surge to three-week high amid US-Iran ceasefire

Kathmandu. Gold prices have seen a significant surge in the international market following a two-week ceasefire agreement between the United States and Iran. After US President Donald Trump decided to postpone attacks on Iran, fears of an energy crisis and inflation have slightly eased. However, as investors flock to safe-haven assets, gold prices reached a three-week high on Wednesday. In the international market, the price of spot gold rose by 2.3 percent to $4,812.49 per ounce. In early trading, gold prices had risen by more than 3 percent, reaching their highest level since March 19. US gold futures for June...