Thursday, January 7, 2016

Gold surges to 9-week high, as investors seek safety from China sell-off



Gold soared by more than $16 an ounce on Thursday to reach its highest level since early-November

Investing.com — Gold surged on Thursday to a nine-week high, as investors piled into the safe-haven asset after the People’s Bank of China surprisingly adjusted its fix on the yuan, causing equities to plunge and triggering the second halt of trading in the opening week of the year.


On the Comex division of the New York Mercantile Exchange, gold for February delivery traded…



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Gold surges to 9-week high, as investors seek safety from China sell-off

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