A mark of 999.9 fine sits on hallmarked 12.5 kilogram gold bullion bars stacked at the Valcambi SA precious metal refinery in Lugano, Switzerland, on April 24, 2018. Photo: Bloomberg A mark of 999.9 fine sits on hallmarked 12.5 kilogram gold bullion bars stacked at the Valcambi SA precious metal refinery in Lugano, Switzerland, on April 24, 2018. Photo: Bloomberg
A mark of 999.9 fine sits on hallmarked 12.5 kilogram gold bullion bars stacked at the Valcambi SA precious metal refinery in Lugano, Switzerland, on April 24, 2018. Photo: Bloomberg

Gold rips to two-month high as recession concerns burnish safe-haven appeal

  • Speculators raise net longs in COMEX gold in week to May 28

Topic |   Foreign exchange market
A mark of 999.9 fine sits on hallmarked 12.5 kilogram gold bullion bars stacked at the Valcambi SA precious metal refinery in Lugano, Switzerland, on April 24, 2018. Photo: Bloomberg A mark of 999.9 fine sits on hallmarked 12.5 kilogram gold bullion bars stacked at the Valcambi SA precious metal refinery in Lugano, Switzerland, on April 24, 2018. Photo: Bloomberg
A mark of 999.9 fine sits on hallmarked 12.5 kilogram gold bullion bars stacked at the Valcambi SA precious metal refinery in Lugano, Switzerland, on April 24, 2018. Photo: Bloomberg
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