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Forbes reported that gold prices increased on the purchase of gold contracts by investors looking for a deal.
Forbes reported that gold prices increased on the purchase of gold contracts by investors looking for a deal.
As quoted in the market news:
Gold for December delivery rose $25.60, or 1.6 percent, to $1,641.60 an ounce. December silver gained 51.3 cents, or 1.7 percent, to close at $30.352.
CPM analyst Rohit Savant commented:
“As long as that uncertainty is around the market, that would provide support for gold as a safe haven,”
Click here to read the full Forbes report.
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