Gold lifts to session highs as market turmoil sparks fresh buying

In all of the latest developments reported here and the fallout that has sent around the markets, Gold has lifted, as indeed it should. The market just jumped by around $20 on that China news, of another additional tariff on the US. The metal has just now hit a session high at $3,064.60 and that does kind of mark something of a departure. You see on this occasion so far it seems no one is liquidating gold holdings to cover potential stock losses and fresh margins calls. Maybe that is all out of the way now? If so then perhaps this fresh buying momentum might not give way like it has for the past week. We shall just have to see on that, but gold is a haven this morning. It is currently trading at $3,060.30