Gold hit its highest level in about a month on Tuesday as China-U.S. tensions and fears of a possible recession in America burnished bullion’s safe-haven appeal.
Spot gold was little changed at $1,771.59 per ounce by 1:59 p.m. EDT (1759 GMT). U.S. gold futures settled 0.1% higher at $1,789.70.
Expectations of toned-down rate hikes and a clear slowdown in the U.S. economy have significantly supported gold, said David Meger, director of metals trading at High Ridge Futures.
Panthera Resources Plc (LON:PAT) was incorporated in the UK and Wales in 2017. The company is focused on its gold exploration and development projects in India and West Africa and the optimisation of other mineral projects.