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Gold hits over six-year peak on risk-off sentiment

Gold hits over six-year peak on risk-off sentiment

Tuesday, August 13, 2019, 10:54 AM

Gold prices scaled their highest in more than six years on Tuesday, as concerns around protests in Hong Kong and an Argentine currency crash amid fears of global economic slowdown, prompted investors to move away from riskier assets. Spot gold rose 0.3 percent to $1,515.32 per ounce as of 0334 GMT, after hitting its highest since April 2013 at $1,518.03.
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