CORRECTED: Gold hits 10-month peak on growth worries; dollar slips - Dealers Care

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Wednesday, 20 February 2019

CORRECTED: Gold hits 10-month peak on growth worries; dollar slips

By Rodrigo Campos NEW YORK (Reuters) - Gold prices rose to a 10-month high on Tuesday as concerns over a global economic slowdown spurred a safe-haven bid and were also supported by a weaker U.S. dollar, which fell on optimism for a breakthrough in U.S.-China trade talks. A gauge of global stock markets rose modestly along with gains on Wall Street, while Europe sagged under falling bank shares and concerns that a car tariff could hurt the region's exports to the United States.

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