Glittering prospect
Two bars of gold are featured at the Korea Gold Exchange on Thursday. U.S. COMEX gold futures went up 1.4 percent to $1,076.80 a troy ounce in regular trading on Wednesday local time, rising for the first time in four days. This is unusual considering gold prices normally go up when interest rates are hiked. Market experts speculate the U.S. interest rate hike was already reflected in earlier gold trading and that many are expecting an additional interest hike to come at a gradual pace rather than a steep rise. [NEWSIS]
with the Korea JoongAng Daily
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