Gold hits 2012 high on US-China spat and poor economic data
US retail sales endured a second consecutive month of record declines in April
18 May 2020 - 07:23
Bengaluru — Gold rose on Monday to its highest since October 2012 as worries regarding the souring US-China relations and bleak US economic data underpinned the safe-haven metal.
Spot gold was up 0.9% at $1,756.79 per ounce by 2.43am, after rising to its highest since October 12, 2012 at $1,759.98. US gold futures gained 0.5% to $1,765.70...
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