Gold prices rose on Friday and were on track for a sixth consecutive week of gains as escalating trade tensions between the U.S. and China prompted investors to seek refuge in the safe-haven asset.
Spot gold was higher and RHB Retail Research said Comex futures’ upward movement was taking a minor pause, based on the daily chart.
China faces a “toxic combination” of deflation and devaluation which Japan did not experience. It may be a sign of greater ...
Gold could reach $3,000 an ounce this quarter as investors flock to the safe-haven asset amid trade and geopolitical ...
Gold’s record-breaking rally isn’t likely to slow down any time soon, as the market casts about for economic safe-havens.
Gold briefly climbs to new intraday highs over $2,900 a troy ounce following economic data early in the session, before ending up 0.4% to $2,867.30 an ounce.