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	135,939.87 307.74M	-0.41% -562.67
ALLSHR	84,600.38 877.08M	-0.56% -479.52
KSE30	41,373.68 101.15M	-0.43% -178.94
KMI30	191,069.98 82.45M	-1.17% -2260.79
KMIALLSHR	55,738.07 422.01M	-1.03% -577.24
BKTi	38,489.75 45.79M	-0.02% -8.33
OGTi	27,788.15 6.87M	-1.24% -350.24

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	116,700.00	120,695.00 116,090.00	-3535.00 -2.94%
BRENT CRUDE	68.81	69.41 68.60	-0.40 -0.58%
RICHARDS BAY COAL MONTHLY	96.50	96.50 96.50	0.50 0.52%
ROTTERDAM COAL MONTHLY	104.50	104.50 104.25	-2.05 -1.92%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.68	67.13 66.22	-0.30 -0.45%
SUGAR #11 WORLD	16.56	16.61 16.25	0.26 1.60%