Gold costs inch up amid worldwide financial, political worries


Gold costs nudged up on Wednesday after hitting their highest in over three months within the earlier session, with worldwide political and financial uncertainty underpinning safe-haven demand for the steel.

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Spot gold was up 0.1 % at $1,231.27 an oz at 0102 GMT. On Tuesday, it touched its highest since July 17 at $1,239.68.

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US gold futures have been down 0.2 % at $1,234.20 an oz.

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Palladium jumped to a record-high on Tuesday, bringing the steel to…

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