(Mining.com) With weakness returning to equities and oil on Monday, gold futures trading in New York attracted brisk buying from investors eager for alternatives amid all the market turmoil.In afternoon trade gold for delivery in February, the most active contract, was exchanging hands for $1,106.60 an ounce, up more than $10 compared to Friday’s close. Thanks to safe haven buying gold is now up 5.4% since hitting a near six-year low mid-December.
Hedge Funds in Major Commodities Rethink
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