Gold breaks through key hurdle
The strong break above $1,300 paves the way for prices to rally further
Gold surged, breaking above $1,300 per ounce last week, in line with our expectation. The yellow metal went up 2.6 per cent last week and has closed at $1,325 per ounce — its first decisive close above the psychological $1,300 level since November 2016.Increasing geo-political tensions between the US and North Korea aided the surge in gold prices last week. North Korea’s missile that flew over ...
Read the rest of this article by Signing up for Portfolio.
It's completely free!
SIGN UP NOW
Investment alerts,End of day market reports, Market news analysis,External research reports and Technical calls
Daily update on Business and Market news via email
'Your Market Corner' Widget with personalized business and market news