Gold prices hit new session highs on strong US data

Gold prices rose Wednesday, as better-than-expected US job data hinted to a possible inflation comeback, enhancing gold’s appeal as a hedge against higher consumer prices. Spot gold, lower initially, rose 0.5% to $1,237.71 an ounce by 1515 GMT, while gold...

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now