Bullion reverses earlier losses as politics unnerve paper markets

01.06.2020

Gold rose 1% on Friday as caution set in with investors awaiting U.S. President Donald Trump’s response to a Chinese national security law for Hong Kong and its potential impact on an already fragile global economy.

Spot gold climbed 0.9% to $1,734.70 per ounce by 1:44 p.m. EDT (1744 GMT). U.S....