Gold moves up from two-week low amid US-China negotiations
Gold, considered a safe asset in times of political and economic uncertainty, has gained more than 13% in 2019
26 November 2019 - 14:11
Bengaluru — Gold edged off an early two-week low on Tuesday as cautious traders awaited further developments in the trade negotiations between the US and China, though a firm equities market kept a lid on bullion’s gains.
Spot gold was up 0.2% at $1,457.58 an ounce at 10.46am GMT, having earlier touched its lowest since November 12 at $1,451.15. US gold futures edged 0.1% higher to $1,457.50...
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.