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Gold priced in pounds hits highest since September 2013

Published 14/06/2016, 14:22
© Reuters. A participant stands beside an illustration of gold at a booth during LME Week Asia in Hong Kong

LONDON (Reuters) - Gold priced in sterling rose to its highest since September 2013 on Tuesday as the British pound fell to a fresh 8-week low versus the dollar on worries Britain may leave the European Union in a referendum less than 10 days away.

Polls and bookmakers' odds showed a rising chance of a Brexit vote in June 23's referendum as Britain's largest tabloid newspaper, the Sun, also said it was backing a "Leave" vote. [MKTS/GLOB]

© Reuters. A participant stands beside an illustration of gold at a booth during LME Week Asia in Hong Kong

Gold denominated in sterling hit a high of 909.86 pounds at 1230 GMT, up almost 1 percent.

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