Gold prices rise 4th week in row

October 27, 2018

New York (Oct 27)  Gold prices rose on Friday, as demand on safe havens increased amidst huge losses in stock markets and a mixed performance by the US dollar.

The precious metal futures for December delivery rose by 0.3% or $3.40, and settled at the level of $1,235.80 per ounce.

Gold is up 0.6% for the week, recording its fourth consecutive weekly gains, as well as monthly increase of more than 3% in October.





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