Friday , November 24 2017
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3d rendering of gold bullions.
3d rendering of gold bullions.

Gold up for the day, down for the week

Gold advanced on Friday, reversing previous day’s decline, as another wave of risk aversion lifted the metal’s appeal as safe-haven.

Stocks fell sharply across the globe and hit fresh 12-year lows following a short-lived bounce the previous day.

Against this backdrop, the yellow metal gained 1.5% and to finish around $1,090 an ounce. For the week, however, the metal lost around 1% following volatile trading.
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