Gold Boosted by Unsettled Italian Elections

Reuters reported that gold got a boost in Tuesday trading, as a deadlock in the Italian elections increased gold’s safe haven appeal.

As quoted in the market report:

Spot gold was up 0.25 percent at $1,597.66 an ounce at 1018 GMT, while U.S. gold futures for April delivery were up $10.70 an ounce at $1,597.30.

To view the whole Reuters report, click here.