Gold set for seventh consecutive monthly gain despite US tensions
Gold is poised to mark its seventh consecutive month of gains, with its appeal as a safe haven asset bolstered by ongoing geopolitical tensions and concerns over US trade policy.
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Gold set for seventh consecutive monthly gain despite US tensions
Gold is poised to mark its seventh consecutive month of gains, with its appeal as a safe haven asset bolstered by ongoing geopolitical tensions and concerns over US trade policy.
By Noel John
Read full article →Gold heads for seventh straight monthly gain on safe-haven demand
Gold prices were largely steady on Friday, on track for their seventh straight month of gains as uncertainty over US tariff policies and tensions between the US and Iran boosted the metal’s safe-haven appeal. Spot gold edged down 0.1 per cent to $5,181.18 per ounce by 08:37 GMT. The metal has climbed 6.5pc so far in February, bringing gains for the seven months to a whopping 58pc. US gold futures for April delivery were up 0.1pc at $5,198.10. The benchmark 10-year yield fell to a three-month ...
By none@none.com (Reuters)
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