GBP Markets News 

Gold prices hit one-week high amid Brexit turmoil

“Among other precious metals, palladium edged 0.3 percent lower to $1,153.50 per ounce, having hit a record high of $1,178.30 per ounce in the previous session” writes unknown author for Spot gold was up 0.2 percent at $1,215.07 per ounce, as of 0445 GMT. Earlier in the session, the bullion hit $1,216.79, its highest since Nov. 9.”The issues around Brexit have invigorated a little bit of safe-haven buyingin the market …The focus of the market has turned slightly to geopolitical issues at the moment,” said ANZ analyst Daniel Hynes.

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