SPDR Gold most active ETF month-to-date: SGX report

Singapore

INVESTORS have gone for gold this week as continued uncertainty in global markets sent them flocking to perceived safe havens, according to a report from the Singapore Exchange (SGX) on Friday.

This came as bullion prices climbed to their highest in about 13 months amid signs of persistent softness in the global economy on Friday before easing slightly, after the European Central Bank rolled out a broader-than-expected economic stimulus package but then suggested that there would be no further interest rate cuts.