Gold prices climbed Tuesday, as doubts about a near-term resolution between the world’s largest economies hurt demand for assets perceived as risky and fed appetite for haven assets, including bullion.
“Upcoming China talks are deemed even more uncertain now,” said George Gero, managing director at RBC Wealth Management. “Everywhere investors look around the globe they find reasons for worry and owning gold is one of the answers.”
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Five countries with the world’s biggest gold reserves (RT), page-63
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