Gold hits a six-year high amid concern about a global slowdown
US tariffs may force the Federal Reserve to cut interest rates more than it had hoped was necessary to protect the economy from trade-policy risks
05 August 2019 - 08:00
Bengaluru — Gold prices jumped 1% to their highest level in more than six years on Monday, as the escalating trade war between the US and China along with global growth worries drove investors towards safe-haven assets.
Spot gold was up 0.8% at $1,451.37 per ounce by early morning, after hitting its highest since May 2013 at $1,455.26...
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