0039 GMT — Gold is trading steadily in the early morning Asian session, underpinned by potential safe-haven demand. There are lots of things for investors to worry about right now, such as the U.S. debt ceiling, says Chris Beauchamp, chief market analyst at IG, in an email. These concerns seem ready-made for the precious metal to move higher, as it offers shelter from the turmoil of the U.S. debt ceiling, Beauchamp adds. Spot gold is little changed at $2,016.27/oz. (ronnie.harui@wsj.com)
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Already a subscriber? Sign In
Sponsored Offers
- TurboTax:
Save up to $15 with TurboTax coupon May 2023 - The Motley Fool:
Epic Bundle - 3x Expert Stock Recommendations - H&R Block Tax:
15% Off DIY Online Tax Filing Services | H&R Block Coupon Code - Top Resume:
10% TopResume Discount Code for expert resume-writing services - eBay:
30% off eBay coupon - Groupon:
Exclusive Groupon Promo Code - 30% Off Local Experiences
