Gold: Back to highs as Brexit favoured

Gold benefited from the persisting uncertainty surrounding the Brexit vote results, with the bulls looking to regain $ 1300 mark as Leave takes back the lead, triggering fresh selling wave across the financial markets.

Hence, in times of panic and market unrest, markets prefer safe-haven in a bid to protect their wealth.

The latest vote count shows Remain on 49.6% after counting 132 of 382 areas.