Gold holds near six-year high as investors fret about recession
Holdings of SPDR Gold Trust rise 1.34% as silver hits highest since September 2016
04 September 2019 - 08:32
Gold held steady on Wednesday after rising 1% in the previous session, with prices hovering near a more than six-year high on heightened fears of a global recession after weak US data, the prolonged China-US trade spat and Brexit uncertainties.
Spot gold slipped 0.2% to $1,543.02/oz at 4.07am GMT, but near last week’s $1,554.56/oz, its highest since April 2013...
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