One kilogram gold bullion bars at the Valcambi SA precious metal refinery in Lugano, Switzerland, on Monday, April 24, 2018. Gold's haven qualities came back in focus as US President Donald Trump’s administration picked a series of trade fights with friends and foes, and investors fret about equity market wobbles that started on Wall Street and echoed around the world. Photo: Bloomberg

Gold price rises above US$1,300 as investors rush for sanctuary amid the bloodbath in global stock markets

  • Futures spiked as much as 0.4 per cent to US$1,300.40 an ounce on the Comex, the highest price since June
  • The price of silver has also risen
Topic |   Commodities

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One kilogram gold bullion bars at the Valcambi SA precious metal refinery in Lugano, Switzerland, on Monday, April 24, 2018. Gold's haven qualities came back in focus as US President Donald Trump’s administration picked a series of trade fights with friends and foes, and investors fret about equity market wobbles that started on Wall Street and echoed around the world. Photo: Bloomberg
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