Four blasts heard in the Indian city of Amritsar

Amritsar is a city of 1.4 million in the north of the country close to Pakistan. Reuters reports hearing four blasts in the city in a sign of the escalating conflict.

Gold prices are up $37 to $3342 today in what’s been a very volatile week for the precious metal.

This article was written by Adam Button at www.forexlive.com.