Gold is surging

BusinessInsider/Bob Bryan/05-17-17

The price of gold is surging after political uncertainty appears to have pushed investors into safe-haven assets on Wednesday.

The precious metal was trading at $1,258.50 an ounce as of 11:25 a.m. ET, a $22.10, or 1.79%, jump on the day.

This is the largest move for gold since March 16, when the metal leapt as much as 2.77% intraday.

PG View: Gold’s gains are coming amid risk aversion stemming from heightened political uncertainty.

Share
This entry was posted in Today's top gold news and opinion. Bookmark the permalink.

Comments are closed.