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Gold Gains on Safe-Haven Demand, US Markets Closed for Thanksgiving

November 28, 2024, 08.40 PM | Source: Reuters
Gold Gains on Safe-Haven Demand, US Markets Closed for Thanksgiving

ILUSTRASI. Gold prices rose on Thursday as geopolitical uncertainty and trade war concerns boosted safe-haven demand.

GOLD - NEW YORK. Gold prices rose on Thursday as geopolitical uncertainty and trade war concerns boosted safe-haven demand, with low trading volumes expected as U.S. markets are closed for the Thanksgiving holiday.

Spot gold was up 0.4% to $2,645.41 per ounce at 1205 GMT. U.S. gold futures were up 0.3% to $2,644.70. Bullion posted its deepest one-day decline in more than five months on Monday.

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