Gold prices rallied on Thursday, prompting the commodity to settle above the psychologically significant value of $1,800 an ounce for the first time since February, as slipping bond yields and a slightly weaker U.S.
By an 8-to-1 vote, the Bank of England said it would maintain its target for U.K.
The outflows were “largely a reflection of a shift in investor sentiment towards gold since the beginning of the year, with gold being pressured by firm U.S.
She has spent the bulk of her years at the company writing the daily Futures Movers and Metals Stocks columns and has been writing the weekly Commodities Corner column since 2005.