• +1 (312) 549-9986

Gold $4,015.92 $16.13 0.4% Silver $48.54 $0.15 0.32% Platinum $1,558.49 $11.04 0.71% Palladium $1,391.93 $6.86 0.5%

Mideast tensions keep gold near 2-1/2 month peak; focus on Powell's speech

Mideast tensions keep gold near 2-1/2 month peak; focus on Powell's speech

Oct 18 (Reuters) - Gold edged higher to near 2-1/2-month high on Thursday as fears of an escalation in the Israel-Hamas conflict kept demand for safe-haven assets intact, with focus also on U.S. Federal Reserve Chair Jerome Powell’s speech later in the day.

Spot gold rose 0.1% to $1,950.49 per ounce by 1141 GMT after hitting its highest since Aug. 1 in the previous session. U.S. gold futures eased 0.3% to $1,962.30...[LINK]

Leave your comment