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Gold value increases amid mounting tensions in the Middle East and US-China trade war

Investors have piled back into gold amid market turmoil and fears of military action in Syria.

Tensions over a US-China trade war coupled with fears about fighting in the Middle East saw the metal rise as much as 1.5pc to $1,360 from the start of the week, within touching distance of its 12-month high.

Gold prices have risen by as much as 1.5pc to $1,360 from the start of the week

Gold prices have risen by as much as 1.5pc to $1,360 from the start of the week

 

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