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Gold Prices Push To Daily Highs Amid U.S. Stock Market Sell-Off

Kitco News

Live 24 hours gold chart [Kitco Inc.]

(Kitco News) - Gold prices are moderately up and have hit daily highs in late-morning action Thursday. Some safe-haven demand is featured today as the U.S. stock market is selling off again, with the major indexes hitting multi-week lows.

U.S.-China trade tensions that have intensified late this week are spooking world stock and financial markets, which is benefitting gold. June gold futures were last up $3.60 an ounce at $1,285.20.

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