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PRECIOUS-Gold up 1 pct on UK referendum nerves after leave has early lead

Published 2016-06-23, 07:42 p/m
© Reuters.  PRECIOUS-Gold up 1 pct on UK referendum nerves after leave has early lead
XAU/USD
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GC
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MANILA, June 24 (Reuters) - Gold rose more than 1 percent on
Friday after the UK referendum vote count in the north-eastern
city of Sunderland showed a stronger-than-expected vote in
favour of Britain leaving the European Union.
Spot gold XAU= was up 0.8 percent at $1,265.61 an ounce by
2329 GMT GMT, after rising as high as $1,268.76 earlier.
U.S. gold for August delivery GCcv1 rose 0.5 percent to
$1,268.90.
According to official results, 61.3 percent of voters in
Sunderland backed leaving the bloc, above the 56.5 percent
predicted by J.P. Morgan in an analysis published before the
vote.

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