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Gold rises as investors seek safety after U.S.-led strikes on Syria

Reuters  |  BENGALURU 

By Swati VermaBENGALURU (Reuters) - Gold prices rose on Monday on safe-haven buying following the U.S.-led missile strikes against Syria at the weekend, but the gains were limited by the likelihood that the operation may be a one-off event.Spot gold was up 0.2 percent at $1,347.84 an ounce at 0316 GMT after an initial dip.U.S. gold futures rose 0.2 percent to $1,350.60 an ounce. Forces from the United States, Britain and France pounded Syria with air strikes early on Saturday in the biggest intervention by Western powers against Syrian President Bashar al-Assad in response to the regime's use ...

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First Published: Mon, April 16 2018. 09:28 IST