[Strategist: If the Middle East conflict escalates, it wouldn’t be surprising for gold to hit a record high] Odaily Planet Daily News - Saxo Bank's Head of Commodity Strategy, Ole Hansen, stated that there is no doubt that the U.S. and Israel's military actions against Iran represent a concerning escalation, which will drive investors into the precious metals and energy sectors. How significant the impact will be is uncertain, but given last week's momentum, I wouldn’t be surprised if gold hits a record high. (Jin10)