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Gold is heading for the best week since June
15/04/2017
Gold fell Friday from its highest level in five months hit in the previous session, but it is heading for the biggest weekly gain since June 2016 amid concerns related to the Middle East and North Korea, which boosted investor appetite for safe havens while the decline in the dollar.
The price of gold fell in the spot transactions 0.2 percent to $ 1284.81 an ounce (an ounce) by the time 1435 GMT.
The dollar recorded losses on Friday and is heading for a weekly decline Ostagil Amaastmrar tensions in North Korea so as to enhance the Japanese currency as a safe haven.
China said on Friday that tensions over its neighbor North Korea did not reach the "stage of irreversibility and can not put things under control" at a time when the US aircraft carrier headed to the region.
Among other precious metals, silver rose 0.1 percent to $ 18.52 an ounce after touching its highest level in five months at $ 18.599 an ounce in the previous session.
The platinum rose 0.2 percent to $ 971.15 an ounce, while palladium rose 0.1 percent to $ 795.08 an ounce.
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15/04/2017
Gold fell Friday from its highest level in five months hit in the previous session, but it is heading for the biggest weekly gain since June 2016 amid concerns related to the Middle East and North Korea, which boosted investor appetite for safe havens while the decline in the dollar.
The price of gold fell in the spot transactions 0.2 percent to $ 1284.81 an ounce (an ounce) by the time 1435 GMT.
The dollar recorded losses on Friday and is heading for a weekly decline Ostagil Amaastmrar tensions in North Korea so as to enhance the Japanese currency as a safe haven.
China said on Friday that tensions over its neighbor North Korea did not reach the "stage of irreversibility and can not put things under control" at a time when the US aircraft carrier headed to the region.
Among other precious metals, silver rose 0.1 percent to $ 18.52 an ounce after touching its highest level in five months at $ 18.599 an ounce in the previous session.
The platinum rose 0.2 percent to $ 971.15 an ounce, while palladium rose 0.1 percent to $ 795.08 an ounce.
[You must be registered and logged in to see this link.]
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