Gold Prices Scale Fresh 1-Month High as U.S. Recession Fears Persist
Wednesday, 27 March 2019 19:55 WIB |
PRECIOUS METALS |EMAS Spot EmasPalladiumSILVER
Gold prices rose on Wednesday, reaching their highest level in around a month as investors continued to focus on fears of a possible recession in the United States.
Comex gold futures tacked on $1.35, or about 0.1%, to $1,322.95 a troy ounce by 8:25AM ET (12:25 GMT), after going as high as $1,325.15, a level not seen since Feb. 28.
Meanwhile, spot gold was trading at $1,317.15 per ounce, up $1.41, or 0.1%.
In other metals trading, silver futures dipped 4.2 cents, or about 0.3%, to trade at $15.47 a troy ounce, while platinum gained 0.4% to $869.10 an ounce. Palladium, meanwhile, was down 1.8% at $1,487.95 per ounce.
Source : Investing.com