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Gold Trades Near Five-Month High on Brexit Uncertainty
Tuesday, 11 December 2018 17:07 WIB | PRECIOUS METALS |GOLDEMAS

Spot gold traded near the highest level in five months as traders favored haven assets amid concerns over the possibility of the U.K. leaving the European Union without a deal.

Investors also weighing latest developments on the trade war front as China™s Vice Premier Liu He, U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer spoke by phone Tuesday and exchanged viewson the timetable and road map of future talks, according to a statement from China™s Ministry of Commerce.

Spot gold +0.2% to $1,247.29/oz at 7:27am in London, after hitting $1,251.09 on Monday, highest level since July 11.

Other precious metals: Silver +0.5%. Platinum -0.2%, near three-month low. Palladium +0.5%.

Bloomberg

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