More appetite for risk pushes gold price down
The palladium price is also lower after reaching a record high due to labour concerns in SA
13 September 2019 - 08:41
Bengaluru — Gold prices edged lower on Friday as improved risk appetite amid signs of a thaw in the long-drawn US-China trade tiff drew investors away from the safe-haven metal, while palladium retreated slightly from a record peak hit in the previous session.
Spot gold fell 0.1% to $1,496.76/oz by 5.21am GMT, declining about 0.7% so far this week in what could be its third straight weekly drop...
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