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.


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