Gold’s 3-week high as trade risks mount

Gold’s 3-week high as trade risks mount

Gold climbed to a three-week high overnight, propelled by safe-haven demand, as investors ditched riskier assets on concerns over long-drawn economic weakness and renewed US-China trade tensions. Spot gold rose 0.7 per cent to $US1,727.70 per ounce by 1750 GMT, having...
Gold’s 3-week high as trade risks mount

Shanghai copper hits 3-week high

Shanghai copper rose to a three-week high and clocked a second straight weekly gain, buoyed by strong import numbers in China and signs that the Sino-US trade deal would be implemented despite the coronavirus disruption. Copper gained 1.2 per cent in Shanghai over the...