Live News Update
Gold Prices Edges Up; U.K. Lawmakers Vote to Postpone Brexit Date
On Thursday, British lawmakers voted to seek a delay to the country’s exit from the European Union.
The news came after British Prime Minister Theresa May’s Brexit deal suffered a second defeat in the parliament earlier this week. A day later, U.K. lawmakers rejected leaving the European Union without a deal.
Global equities traded mostly higher following the latest news. Gold prices, which in general move in opposite direction as the stocks due to their safe-haven nature, dropped below the key $1,300 level overnight but managed to claw back some of the losses today.