CAPITAL MARKETS

Gold closes at fresh eight-month high

WEDNESDAY was a good session for precious metals, fueled by safe haven demand due to ongoing Russia-Ukraine tensions, while stocks and base metals fell.

Gold closes at fresh eight-month high

Comex June gold futures closed at US$1910 an ounce, the highest since June 2021. Spot gold last traded at $1908.88/oz or A$2639.69/oz. Palladium jumped 4.6% to US$2482.50/oz, the highest price since...

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