World Economy

Gold Firm

Gold FirmGold Firm

Gold prices rose slightly on Monday, underpinned by uncertainty following Britain’s Brexit vote even as equity markets rallied on the back of upbeat US jobs data, Bloomberg reported. Spot gold, which hit a low of $1,335.68 an ounce in the wake of Friday’s better-than-expected US jobs data, rose to $1,374.71 early Monday, just shy of a more than 2-year high of $1,374.91 touched on July 6. Gold was up 0.1% at $1,367.60 at 0406 GMT. US gold was up 0.8% at $1,369.50 an ounce, after earlier touching a high of $1,376.50.