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Gold rises to a 9-month high
30/8/2017 12:00 am
Bangalore / follow - up
gold prices rose for the third straight session on Tuesday to the highest level since November , with the escalation of geopolitical tensions after North Korea launched a new missile , which boosted demand for safe - haven assets and strongly pressure on the dollar and equities.
Spot gold rose 0.6 percent to $ 1317.47 an ounce from earlier in the session at $ 1322.33 an ounce, its highest level since Nov. 9.
Gold prices are fluctuating in global markets, influenced by a combination of factors on the international scene.
Gold rose 1.4 percent in the previous session, posting its highest daily percentage gain since mid-May.
Gold futures for December delivery rose 0.6 percent to $ 1,323 an ounce.
The precious metal also gained support from the ambiguity surrounding US President Donald Trump's administration after his comments on the government's closure raised concerns last week. Among other precious metals, silver rose 0.4 percent to $ 17.48 an ounce. Silver rose to $ 17.56 an ounce earlier in the session, its highest level since early June.
Platinum rose 0.3 percent to $ 989.60 an ounce after climbing to its highest level since early March to $ 994.10 an ounce earlier on Tuesday. Palladium rose 0.7 percent to $ 939.50 an ounce after reaching a near-16-year high of 940.50 Dollars per ounce on Friday.
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30/8/2017 12:00 am
Bangalore / follow - up
gold prices rose for the third straight session on Tuesday to the highest level since November , with the escalation of geopolitical tensions after North Korea launched a new missile , which boosted demand for safe - haven assets and strongly pressure on the dollar and equities.
Spot gold rose 0.6 percent to $ 1317.47 an ounce from earlier in the session at $ 1322.33 an ounce, its highest level since Nov. 9.
Gold prices are fluctuating in global markets, influenced by a combination of factors on the international scene.
Gold rose 1.4 percent in the previous session, posting its highest daily percentage gain since mid-May.
Gold futures for December delivery rose 0.6 percent to $ 1,323 an ounce.
The precious metal also gained support from the ambiguity surrounding US President Donald Trump's administration after his comments on the government's closure raised concerns last week. Among other precious metals, silver rose 0.4 percent to $ 17.48 an ounce. Silver rose to $ 17.56 an ounce earlier in the session, its highest level since early June.
Platinum rose 0.3 percent to $ 989.60 an ounce after climbing to its highest level since early March to $ 994.10 an ounce earlier on Tuesday. Palladium rose 0.7 percent to $ 939.50 an ounce after reaching a near-16-year high of 940.50 Dollars per ounce on Friday.
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