Gold jumped to its highest in more than nine months on Friday as the dollar retreated on political uncertainty in the US and a suspected Islamist attack in Spain boosted bullion’s safe-haven appeal. Spot gold touched its highest since November 9 2016 at $1,300.80 an ounce, and by 1.33pm GMT was trading up 0.8% at $1,298.51. "There is clearly more for financial markets to be concerned about," Danske Bank analyst Jens Pedersen said, referring to US political uncertainty and the attack in Spain. "That has led to a risk-off environment, and that’s supportive for gold." Spain mounted a sweeping anti-terrorism operation on Friday after a suspected Islamist militant drove a van into crowds in Barcelona, killing 13 people in what police suspect was one of a planned wave of attacks. Markets were also uncertain about US President Donald Trump’s ability to push ahead with policies after the disbandment of two high-profile business advisory councils over his remarks on violence in Virginia. US ...
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