Gold and silver prices posted their first gain in five sessions on Wednesday, with uncertainty over the outlook for a U.S.-China trade deal and the first day of public impeachment proceedings against President Donald Trump helping to support haven demand for the precious metal.
Investors also eyed developments in the House impeachment hearings. Hatzigiannis, however, said he does not expect the impeachment process to affect gold trading. "If it goes through the Senate then we can start taking...
Gold futures settled higher on Thursday, building on gains from a day earlier as weakness in U.S. benchmark stock indexes and a drop in yields on government debt raised the precious metal™s investment appeal.
Gold concluded Thursday "on a positive note amid market caution and general risk aversion," said Lukman Otunuga, senior research analyst at FXTM. œTensions in Hong Kong, fading optimism over a US-China trade deal, and disappointing economic data from the second-largest economy in the...
Gold prices gained on Wednesday on lack of clarity on the U.S.-China trade negotiations, keeping markets wary about the tariff war™s toll on the health of the global economy.
Spot gold rose 0.5% to $1,464.80 per ounce. U.S. gold futures inched 0.8% higher to $1,465.60.
U.S. President Donald Trump said a trade deal was œclose but gave no new details on when or where an agreement would be signed, disappointing investors in what was billed as a major speech on his administration™s...
Gold futures were modestly higher Thursday, finding support as yields on government debt continue to fall, lowering the opportunity cost of holding the metal.
Gold for December delivery on Comex, rose $7.20, or 0.5%, to $1,470.50 an ounce, a day after snapping a four-day losing streak and rebounding from a more-than-two-month low. December silver rose 6.7 cents, or 0.4%, to $16.98 an ounce.
Analysts said appetite for traditional haven assets amid renewed uncertainty over the outlook for a...
Gold declined, trimming its fourth weekly gain in five, after White House economic adviser Larry Kudlow signaled progress on a trade deal with China.
Spot gold as much as -0.3% to $1,466.90/oz and traded at $1,468.50 at 9:56am in Singapore; +0.6% this week.
Bloomberg Dollar Spot Index -0.1%.
Other precious metals: Spot silver -0.2% to $16.9965/oz. Palladium +0.1% to $1,741.21/oz. Platinum +0.2% to $882.52/oz.