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

0:00

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.

$\"\"$

Related News

Gold hits $5,200 on geopolitical fears

Gold holds, silver dips amid tech selloff

China gold trader’s $300m silver short pays off

Name	Price/Vol	%Chg/NChg
KSE100	168,062.17 222.44M	-0.49% -830.92
ALLSHR	100,418.83 533.18M	-0.47% -469.95
KSE30	51,322.39 95.56M	-0.78% -400.92
KMI30	235,325.12 71.27M	-0.62% -1468.03
KMIALLSHR	64,292.17 192.91M	-0.54% -350.28
BKTi	49,115.42 49.83M	-0.78% -388.38
OGTi	32,316.78 8.08M	-1.33% -436.77

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,185.00	67,760.00 64,325.00	-1640.00 -2.42%
BRENT CRUDE	71.88	71.96 70.69	0.12 0.17%
RICHARDS BAY COAL MONTHLY	96.00	0.00 0.00	-3.50 -3.52%
ROTTERDAM COAL MONTHLY	107.95	107.95 107.95	0.30 0.28%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	66.60	66.67 65.38	0.12 0.18%
SUGAR #11 WORLD	14.05	14.10 13.78	0.18 1.30%