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Gold steadies near six-year high, silver jumps as growth risks persist


Thursday, 29 August 2019 20:55 WIB

GOLDEMAS


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Gold steadied near a six-year peak on Thursday and silver rose to its highest in more than two years as fears of a global recession, exacerbated by the protracted U.S.-China trade war, drove interest for safe haven assets.

Spot gold was little changed at $1,539.02 an ounce. Prices rose to their highest since April 2013 on Monday at $1,554.56 an ounce. U.S. gold futures were down 0.2% at $1,546.10.

Silver rose 1.2% to $18.55 per ounce after hitting its highest since April 2017 at $18.64 earlier in the session.

Source : CNBC


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