Gold hits three-week high

Strong consumer demand from China spurs on precious metals' futures.

Gold and silver futures have climbed as data showing strong demand from top consumer China spurred investors who had bet on lower prices to close out those bets.

The most actively traded contract, for December delivery, rose $US22 ($A23.87), or 1.7%, to settle at $US1,334.20 a troy ounce on the Comex division of the New York Mercantile Exchange, a three-week high.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles