Soaring Risk Aversion Sends Gold Prices To 11-Month High

Published: Apr 11, 2023 10:21
Buoyed by soaring risk aversion, gold prices climbed steadily in March.

Buoyed by soaring risk aversion, gold prices climbed steadily in March. Since April, spot gold prices once shot up to $2,032/oz, an 11-month high. The precious metal, albeit stabilising in recent days, held firmly above $2,000/oz in the first week of April.

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Soaring Risk Aversion Sends Gold Prices To 11-Month High - Shanghai Metals Market (SMM)