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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Gold price hits 3.5 month high on U.S. growth fears

Posted on 18 February 2014

Gold hit a 3.5 month peak on Monday as fears over U.S. economic growth and a weaker dollar added to the metal’s safe-haven appeal, extending its gains after rising the most in six months last week.
Market sentiment towards gold has been positive since the beginning of the year as weak U.S. and China economic data, and emerging market jitters have taken a toll on global equities, spurring demand for bullion - often seen at times of uncertainty as a safe haven………………………………………..Full Article: Source


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