Spot Gold Rebounds: Gold Price Recovers to $4,189.76
HFG News: Spot gold rebounded. US President Trump canceled military action against Iran, easing concerns that oil prices would push up inflation and keep interest rates high. Spot gold briefly touched a half-year low of $4,022.59 in early trading before recovering above $4,200 per ounce.
Latest: $4,189.76, down 0.50%.
Gold mining stocks generally rebounded. Zijin Mining (02899) was last at HK$30.18, up 3.71%; Zijin Gold International (02259) at HK$102.6, up 0.29%. Jewelry stock Laopu Gold (06181) also rose 5.77%.
