Economic news

Review: Gold prices rise to 11-month peak

Gold prices edged up 1 percent to their top in 11 months on Monday after North Korea launched an advanced hydrogen bomb.

Spot gold was 1 percent higher at $1,338.36 per ounce.

U.S. gold futures for delivery in December climbed 1 percent to $1,344 an ounce.

Investors moved towards safe-haven assets such as gold and yen amid increasing geopolitical tensions.

To leave a comment you must or Join us

More news

Back to economic news list

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree