Gold is at 12-week high as equities and oil price tumble

Gold rallied to its highest since November on Tuesday, with investors shifting to safe-haven assets as worries over a slowing global economy hit stocks and crude oil again.
gold barsSpot gold was up 0.5 percent at $1,112.86 an ounce by 0635 GMT, after earlier peaking at $1,113.54, its highest since Nov. 4.
U.S. gold for February delivery rose 0.7 percent to $1,113.10 an ounce.
Gold has risen 5 percent in January as concerns over China and slow global growth hurt equities
Source: Hess
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