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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Gold , Silver , Federal Reserve

Next In Business News

Beaches on borrowed time
The price of paradise�
The cost of leasehold properties
Water is a Saudi tycoon’s best friend
Keeping pace
Emerging market bonds resilient
Banks in a battle�
Grid charges temper RE euphoria
Axe for 20-year bonds?�
Fair play for local businesses

Others Also Read