Gold lifts after hitting two-week low earlier
Gold had been retreating because of risk appetite returning to the market
09 September 2019 - 16:26
Bengaluru — Gold prices gained on Monday, crawling away from a two-week low touched in the previous session, supported by hopes of monetary policy easing by major central banks although the metal's advance was capped by improved appetite for riskier assets.
Spot gold was up 0.3% at $1,511.80/oz, as of 11.51am GMT. The metal touched $1,502.50 on Friday, a level last seen on August 23...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.