Gold jumps over 1% as Trump says trade deal could extend to 2020
Wednesday, 4 December 2019 03:11 WIB | PRECIOUS METALS |GOLD
Gold jumped more than 1% on Tuesday on fading optimism surrounding a U.S.-China trade deal after U.S. President Donald Trump said talks could extend until after the presidential elections in November 2020.
Spot gold gained 1.12% to $1,478.72 per ounce, after touching $1,481.80, its highest since Nov. 7. U.S. gold futures settled up 1.1% at $1484.4
Most other precious metals latched on to gold™s rally, with silver gaining 1.6% to $17.17 per ounce and platinum up 1.3% to $909.05.
Palladium dipped 0.2% to $1,848.11, after notching a record high of $1,861.71 in the previous session. The metal was on track to snap a seven-day winning streak.
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Friday, 6 December 2019 10:11 WIB
Gold headed for a second weekly advance as developments in the trade war took center stage and as traders waited for the key monthly U.S. jobs data due later Friday.
President Donald Trump ...
Friday, 6 December 2019 02:11 WIB
Gold futures finished higher Thursday, recouping much of the losses suffered a day earlier, as traders awaited monthly domestic employment data due at the end of the week, which may influence haven de...