Gold climbed on weak stocks

Market news

14 January 2016

Gold climbed on weak stocks

Gold is currently at $1,091.60 (+0.41%) as renewed turmoil in stock markets boosted demand for safe-haven assets. Earlier this week bullion gave up recent gains as stocks seemed to have stabilized. Investors traditionally turn to gold at times of economic uncertainties; however, such gains are normally short-lived.

Oil prices climbed

Global Stocks: U.S. stock indices advanced

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