Gold moved above $1,300, possibly due to risk aversion in the financial markets. The corrective rally could be short-lived if US stocks regain poise. Currently, gold (XU/USD) is trading at $1,302/Oz, having clocked a ten-day high of $1,306 in the overnight trade. The yellow metal picked up a bid yesterday, possibly due to renewed geopolitical […]
The post Gold clocks 10-day high above $1300 appeared first on Forex Crunch.