Gold prices rose on Thursday as investors’ concerns about the outlook for the global economy were underlined by the International Monetary Fund which warned policymakers’ efforts to resolve the crisis in financial markets had not yet achieved a “decisive breakthrough”.
Gold rose 1.3 per cent to $917 a troy ounce, moving between a low of $903.20 and a high of $924, helped by the dollar weakening against most of its leading trading partners.
