An employee handles one kilogram gold bullion at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023.
Gold prices climbed on Thursday, recouping losses from the previous session, as geopolitical tensions bolstered demand for the safe-haven metal.
Spot gold was up 0.6% at $2,345.56 per ounce, as of 0317 GMT.
Strong central bank buying, safe-haven inflows amid continued geopolitical risks, and demand from momentum-following funds have fueled bullion's 14% gain so far this year.
Spot silver edged 0.2% higher to $28.03 per ounce, after hitting its highest levels since June 2021 on Wednesday.
Persons:
Yeap Jun Rong, Jun Rong
Organizations:
Co
Locations:
Bangkok, Thailand, U.S