SMR: Spot Gold prices traded higher around 0.2 percent
Spot Gold prices traded higher around 0.2 percent, mainly taking cues from disorder in the Mid-east regions which boosted safe-haven demand for the yellow metal. Additionally, rising crude oil prices also raised inflation fears which supported gold prices. Gold hit a high of $1440.10/oz on Wednesday and closed at $1435.80/oz. On a yearly basis, spot gold prices surged around 27 percent.
