SINGAPORE: Gold hit fresh three-month highs on Monday, adding to gains after posting its biggest weekly rise in six months, as fears over US economic growth and a weaker dollar sent investors seeking the safe-haven metal.
Spot gold rose 0.3% to US$1,322.24 an ounce by 0026 GMT, after hitting US$1,323.76 earlier in the session – its highest since November. The metal jumped 4% last week, its biggest weekly gain since August.
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