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Gold Rebounds as US-China Tensions Boost Safe-Haven Appeal

Rabu, 03 Agustus 2022 | 20:07 WIB
Gold Rebounds as US-China Tensions Boost Safe-Haven Appeal

ILUSTRASI. Gold prices advanced on Wednesday as the dollar fell and US-China tensions rose, REUTERS/Arnd Wiegmann/File Photo

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - Gold prices advanced on Wednesday as the dollar fell and US-China tensions rose, although firmer US Treasury yields capped gains in the non-yielding asset to hold it below a one-month high hit in the last session.

Spot gold rose 0<4% to US$ 1.767,41 per ounce by 1223 GMT, after hitting its highest since July 5 on Tuesday at US$ 1.787,79 before closing down 0,6% to break a four-session winning streak.

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