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LONDON, May 24: Safe-haven gold was sent to its highest level in more than 2-1/2 years on Friday, lifted by fears of war between India and Pakistan and renewed violence in the Mid-East.
Spot gold ended in London at $321.50/322.25 an ounce, up from its previous closing European level of $317.40/317.90.
This crowned a 15 per cent rise since the start of the year.
The precious metal was also set or “fixed” in the final London fixing session of the week at $320.95 an ounce, its highest level since October 14, 1999.—Reuters
