Gold hits a six-month high as concerns of economic slowdown continue to linger

MG News | December 26, 2018 at 10:14 AM GMT+05:00

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December 26, 2018 (MLN): Gold prices climbed to a six-month high on Wednesday as concerns over global growth slowdown fueled risk aversion, pressurizing investors to seek refuge in the precious metal.

Spot gold scaled 0.3 percent to $1,271.85 per ounce as at 0429 GMT. It hit $1272.56 in early trade, its highest since June 20. ON the other hand, U.S. gold futures were up 0.3 percent at $1,275.8 per ounce.

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Name	Price/Vol	%Chg/NChg
KSE100	164,444.72 1,390.47M	-0.75% -1241.66
ALLSHR	100,263.22 3,076.68M	-0.52% -522.58
KSE30	50,467.16 136.66M	-0.90% -456.01
KMI30	239,381.13 102.98M	-0.94% -2269.59
KMIALLSHR	66,143.45 1,531.56M	-0.67% -449.11
BKTi	46,609.98 59.41M	-0.86% -404.53
OGTi	32,245.33 12.94M	-0.42% -134.82

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	111,270.00	112,280.00 109,850.00	-280.00 -0.25%
BRENT CRUDE	62.22	62.75 62.05	0.31 0.50%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	0.00 0.00%
ROTTERDAM COAL MONTHLY	93.00	93.00 92.50	1.95 2.14%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	58.59	59.11 58.39	0.32 0.55%
SUGAR #11 WORLD	15.85	15.87 15.67	0.16 1.02%