Investors scurry to safe assets amid widening tensions in the Middle East
Domestic prices of gold reached a new record high of 42,000 baht per baht-weight early Friday as the Stock of Thailand (SET) index sunk to a three-year low of less than 1,350 points, with unease in the Middle East sending investors rushing to safe assets.
Gold surged past US$2,400 an ounce and Brent crude jumped above $90 a barrel after US…
