Gold climbs to its highest level in nearly two weeks; silver jumps 1.7%

Gold prices hit a near two-week high amid West Asia tensions and anticipation of the US Federal Reserve meeting. By Anshul Gold prices extended their gains on Wednesday (July 22), climbing to a near two-week high in global markets as investors rushed to safe-haven assets amid escalating tensions in the West Asia and looked ahead to next week’s US Federal Reserve policy meeting for fresh clues on the interest rate outlook. COMEX gold futures rose 1.17% to $4,124 per ounce, after touching an intraday high of $4,128.40 an ounce. Silver outperformed, with COMEX silver advancing 1.70% to $60.115 per ounce….