Gold hits more than one-week high on virus surge jitters

Glittering haven: Gold of various weights and sizes sit at Gold Investments Ltd bullion dealers in London. — Bloomberg

BENGALURU: Gold prices hit a more than one-week high on Tuesday as surging coronavirus Delta variant cases raised concerns over its impact on the pace of economic recovery, driving investors towards safe-haven assets.

Spot gold rose 0.2% to $1,791.55 per ounce by 0655 GMT, after hitting a peak since Aug. 6 at $1,792.83.

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Gold , Silver , Federal Reserve


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