Gold prices rise to three-month high due to trade tensions
Trade tensions create safe-haven demand for gold as silver hits a one-month high and platinum a near three-week high
05 June 2019 - 14:31
Bengaluru — Gold prices rose 1% to a more than three-month high on Wednesday as trade tensions induced safe-haven demand and increased bets on a cut in interest rates by the US Federal Reserve.
Spot gold gained 0.8% to $1,335.82 an ounce at 11.44am GMT, having reached its highest since February 21 at $1,340.08 earlier. US gold futures gained 0.9% to $1,340.50 an ounce...
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