Uncertainty about trade and growth keeps gold price buoyant
Precious metal scales a one-week peak above $1,516
Bengaluru — Gold prices scaled one-week highs on Thursday, holding ground above $1,500/oz as investors flocked to the safety of bullion after contradictory reports about Sino-US trade talks.
Spot gold gained 0.2% to $1,508.82/oz as of 4.12am in London, having notched a one-week peak of $1,516.77 early in the session. US gold futures inched 0.1% higher to $1,514.