Gold up at 6-month high on Ukraine crisis, China economy


Gold early on Thursday hit US$1,374.45, its highest since Sept 19 as uncertainties over Ukraine and China's economy - Reuters Photo.

SINGAPORE: Gold extended gains to a third session on Thursday, scaling fresh six-month highs as investors sought to hedge their bets against geopolitical tensions in Ukraine and economic slowdown fears in China.

Markets are eyeing more data from China due on Thursday to determine the state of the economy, after a recent bond default and a weak exports report sent equities and base metals lower.

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gold , 6 month high , safe haven , Ukraine , Russia

   

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