Reuters/Sethuraman N R/04-21-17
Gold held steady on Friday, with safe-haven demand remaining intact as investors kept an eye on the upcoming French presidential vote that is seen as too close to call.
…”I would expect investors to stay on the fence… they would likely be market-watching rather than market-trading ahead of the French elections on Sunday, especially when there is no clarity,” OCBC analyst Barnabas Gan said.
“Into the near term, if the geopolitical tensions intensify, there is a chance that gold prices will reach $1,300 or more.”
