Gold benefits as trade anxiety sends investors in search for safe-havens
Gold rises 1% as hopes of a quick end to the US-China trade row fade
03 July 2019 - 08:18
Gold prices climbed over 1% on Wednesday, driven by strong safe haven sentiment as hopes of a quick end to the US-China trade row faded and a new trade front in Europe deepened concerns over tepid economic growth.
Spot gold was up 0.7% at $1,427.64/oz at 4.38am GMT, after earlier touching a one-week high of $1,435.99/oz...
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