You are here: Home » Reuters » News
Business Standard

Gold inches up as trade fears weigh on stocks

Reuters 

(Reuters) - Gold prices edged higher early Thursday and hovered near one-week highs hit in the previous session, as concerns over trade tensions weighed on share markets. FUNDAMENTALS * Spot gold rose 0.2 percent to $1,326.71 per ounce at 0108 GMT, towards the top end of a tight range tracked over the past five trading sessions.* U.S. gold futures for April delivery rose 0.1 percent to $1,327.10 per ounce.* Stock markets sagged broadly on Thursday while government bonds attracted safe-haven demand amid mounting investor concerns that growing trade tensions could hurt the global economy. * ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, March 15 2018. 06:50 IST
RECOMMENDED FOR YOU