Gold in yen hits day’s highs after S&P cuts Japan

Reuters reports that Gold priced in yen rallied to session highs on Thursday.

The market news is quoted as saying:

Yen/gold rose to a session high of 111,475 yen an ounce before trading at 111,297 yen at 0802 GMT, showing a 0.5 percent gain on the day.

Click here to access the entire news