Gold prices rise, Asian markets fall after Tehran’s attack on Israel

News Snapshot:

Hong Kong CNN — Gold prices rose while Asian stocks mostly fell on Monday, as rising geopolitical tensions in the Middle East spurred demand for safe haven investments after Iran launched an unprecedented attack on Israel. Japan’s Nikkei 225 and South Korea’s Kospi both fell more than 1% in morning trade. Hong Kong’s Hang Seng Index dropped 0.8%. But China’s Shanghai Composite Index rose 1.2%. Spot gold was up 0.6% at $2,358 per ounce on Monday. It had hit an all-time high of $2,431 per ounce on Friday because of fears of a potential attack by Iran on Israel. So...