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Gold jumps to highest level in eight months
Published Thu, Feb 11, 2016 · 09:50 PM
Singapore
GOLD climbed beyond US$1,200 an ounce on Thursday - spiking to its highest level in over eight months - after US Federal Reserve chair Janet Yellen indicated that further interest-rate increases could be delayed should the tumult in global markets continue.
The metal has been this year's best-performing commodity, fuelled by investors seeking a haven from slumping equities and weaker economies.
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