Gold skids, but holds above $1 900 as Israel-Hamas war rages

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Gold skids, but holds above $1 900 as Israel-Hamas war rages
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Gold slid on Monday pressured by technical selling, following a fierce 3% rally in the previous session, as raging Israel-Hamas war sent investors scuttling to the safe-haven bullion and pushed prices above the key $1 900 ceiling. Spot gold dipped 0.9% to $1 913.59 per ounce by 06:12 GMT and US gold futures dropped 0.8% to $1 926.80.

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