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Gold prices inch up amid international economic, political worries

Updated : October 24, 2018 07:14 AM IST

Spot gold was up 0.1 percent at $1,231.27 an ounce at 0102 GMT. On Tuesday, it touched its highest since July 17 at $1,239.68.
Asian stocks edged up on Wednesday as a late round of buying helped Wall Street indexes pare most of their earlier panic-driven losses.
A three-week stock market sell-off may signal concerns that the massive stimulus from US tax cuts and government spending will fade sooner than expected, a central issue for the Federal Reserve as it considers when to halt interest rate hikes.
Gold prices inch up amid international economic, political worries

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