Safe haven
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Safe haven

Published: 19 Jul. 2019, 19:14
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Gold jewelry is displayed at the Korea Gold Exchange in Jongno District, central Seoul, on Friday. Gold prices rose to an all-time high as 1 gram (0.03 ounces) traded at 54,000 won ($46) on the Korea Exchange gold bourse on Thursday, up 470 won, or 0.88 percent, from the previous day. Gold prices have been rising on growing economic uncertainties. Not only did the Bank of Korea lower interest rates but it also revised its 2019 growth outlook to 2.2 percent, down from 2.5 percent. [YONHAP]



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