Gold prices rose on Thursday as an inverted U.S. bond yield curve alarmed investors about rising recession risks, while the protracted Sino-U.S. trade war added to fears of a global economic slowdown, increasing the appeal for safe-haven assets.
Spot emas was up 0.3% at $1,520.19 per ounce at 01:00 GMT.
U.S. gold futures fell 0.1% to $1,526.80 an ounce.
The U.S. Treasury yield curve temporarily inverted on Wednesday for the first time since 2007, an indication that is widely seen by investors as a sign of an upcoming U.S. recession.
Source : CNBC