Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1679
    +0.0022 (+0.19%)
     

  • GBP/USD

    1.2491
    -0.0020 (-0.16%)
     

  • Bitcoin GBP

    51,227.11
    -736.47 (-1.42%)
     

  • CMC Crypto 200

    1,383.71
    -12.82 (-0.92%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • DOW

    38,239.66
    +153.86 (+0.40%)
     

  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     

  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Spot gold turns higher as Turkish PM says military coup underway

Reuters - UK Focus

NEW YORK, July 15 (Reuters) - Spot gold prices turned higher, reversing earlier losses in late trade on Friday in New (KOSDAQ: 160550.KQ - news) York after Turkish Prime Minister Binali Yildirim said a group within the country's military has attempted to overthrow the government.

Gold (Other OTC: GDCWF - news) was up 0.23 percent at $1,337.73 per ounce at 4:42 p.m. EST (2042 GMT), moving off intraday lows of $1,322.

"Gold has been frog-marched $10 higher over the last hour when it became apparent that there has been an attempted coup in Turkey," said Tai Wong, director of base and precious metals trading for BMO Capital Markets in New York.

"Gold hasn't been a very good geopolitical hedge in recent years, though sentiment may have changed especially if it suggests instability in other governments in the region." (Reporting by Josephine Mason)