TeleTrade - Analytics

    TeleTrade

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    16.11.2015 06:53 Gold rose over 1%

    Gold jumped to $1,093.00 ( 1.12%) as its safe-haven appeal improved after multiple terrorist attacks in Paris killed over 130 people and injured hundreds on Friday night. Reuters said that almost 3,000 lots changed hands in the first 10 minutes of trade on Monday, while the average for the opening 10 minutes over the past two months was 300. Weakness in stock markets could add to the metal's strength.

    However some analysts say that pressure might be back on gold soon amid persistent uncertainty over the timing of a rate hike in the U.S.


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