Bengaluru — Gold prices slid on Thursday, retreating further from an almost seven-year peak scaled in the previous session as tensions between the US and Iran eased following conflict over the US killing of an Iranian general.

Spot gold fell 0.5% to $1,547.72/oz at 10.50am GMT, having earlier slipped to $1,539.78/oz. US gold futures 0.7% to $1,548.60/oz...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.