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

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.