Gold set for best month in 4 years; silver eyes record monthly gain – ZAWYA

SourceZawya
SectorOil & Gas
CountryUnited Arab Emirates

Gold set for best month in 4 years; silver eyes record monthly gain Spot gold gained 0.6% to $1,971.83 per ounce    Gold bars are seen in the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna, Austria, December 15, 2017. Gold rose on Friday, hovering near its all time peak, as a sliding dollar and dire economic numbers from far and wide sparked a rush to safety in bullion, which is on course for its biggest monthly gain since February 2016.Silver climbed 2.3% to $24.08 per ounce, on course for a monthly rise of about 33%, its largest on records going back to 1982, supported by investment and industrial demand. Spot gold gained 0.6% to $1,971.83 per ounce by 2:17 p.m. EDT (1817 GMT), while U.S. gold futures settled...read more...