Gold prices rose in New York as investors flocked to safe-haven assets amid concerns over a potential downgrade of France’s credit rating and escalating military tensions in Europe, with December futures up 0.3% to $3,685.40 per ounce; UBS raised its year-end gold forecast to $3,800.
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https://en.infomaxai.com/news/articleView.html?idxno=81577
[New York Gold Prices] Safe-Haven Demand Rises on French Credit Rating Concerns—Up 0.3%
Gold prices rose in New York as investors flocked to safe-haven assets amid concerns over a potential downgrade of France’s credit rating and escalating military tensions in Europe, with December futures up 0.3% to $3,685.40 per ounce; UBS raised its year-end gold forecast to $3,800.