Gold prices moved higher on Friday, hovering close to a recent two-month peak, after a terrorist attack in Spain boosted demand for safe-haven assets. high of $1,303.08 reached late 2016/11/09.
The precious mental found support after a van rammed into pedestrians in a crowded tourist area of Barcelona on Thursday evening, killing at least 13 people and injuring 100 others.
The Islamic State claimed responsibility for the incident. Spanish police said that two men had been arrested so far.
Gold prices were also boosted by a weaker U.S. dollar, after eight chief executives quit two business advisory councils on Wednesday in protest over U.S. President Donald Trump’s controversial remarks on weekend violence in Virginia.
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