Bengaluru — Gold dipped on Wednesday as investors booked profits after a 1% jump in the previous session and as political risks in Europe and Asia receded, but concerns over the global economy and the China-US trade war kept bullion close to a six-year peak.

Spot gold fell 0.6% to $1,537.22 an ounce at 12.15pm GMT, but hovered near last week’s $1,554.56, its highest since April 2013. US gold futures were down 0.7% at $1,545.70...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now