Bengaluru — Gold eased on Thursday as investors booked profits from a strong rally, but held on to a near nine-year high due to US-China tensions and bets on more global stimulus to support pandemic-hit economies, which could fuel inflation.
Gold was down 0.2% at $1,867.36/oz by 3.33am GMT, after hitting its highest since September 2011 at $1,876.16 in early Asian trade. US gold futures rose 0.1% to $1,867...
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.