Wednesday, 27 May 2020
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Gold edges higher as Brexit uncertainty spurs safe-haven bid
Wednesday, 16 October 2019 08:48 WIB | PRECIOUS METALS | Spot EmasEMASGOLD

Gold prices edged higher on Wednesday after shedding nearly 1% in the previous session, as it remained unclear if Britain could avoid postponing its departure from the EU beyond Oct. 31.

Spot gold was up 0.2% at $1,484.49 per ounce as of 01:30 GMT. U.S. gold futures were 0.3% higher at $1,488.10 per ounce.

Last-ditch talks between Britain and the European Union to get a Brexit deal ahead of a summit of the bloc's leaders this week went on past midnight to Wednesday, but it was still unclear if London could avoid postponing its departure due on Oct. 31.

Source : Reuters

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