Gold firms as China Evergrande worries lift appeal

Gold prices edged higher on Monday as persistent concerns over the fate of debt-laden property giant China Evergrande and its broader impact bolstered the precious metal's safe-haven appeal. Spot gold rose 0.5% to $1,757.79 per ounce by 0127 GMT, while U.S. gold futures were up 0.3% at $1,757.30.

from Markets-Economic Times https://ift.tt/3AJEPbJ