Gold Prices Rise on Wednesday
Gold Prices Rise on Wednesday
Washington - QNA
Gold prices rose to a three-week high on Wednesday as risk-averse investors dumped equities amid a weaker dollar and sought safe havens.
Spot gold had risen 0.3% to $1,247.56 per ounce, after touching a three-week peak of $1,248.47. US gold futures were firm at $1,246.30.
The dollar index, which measures the greenback against a basket of currencies, was at 99.761, near the six-week low of 99.642 reached on Tuesday.
Source: QNA
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