Gold Set for Weekly Gain Despite U.S. Economy Data
Friday, 12 April 2019 19:45 WIB |
PRECIOUS METALS |GOLDEMASBullion
Gold remains headed for its first weekly increase in three weeks despite better than expected U.S. economic data trimming gains on Thursday.
The metal was supported this week by concerns over global economic growth, rising trade tensions between Europe and the U.S. and dovish statements from the Federal Reserve.
Platinum, which recently showed signs of emerging from the doldrums, rose Friday to head for a fifth weekly gain.
Spot gold +0.2% to $1,294.52/oz.
Source : Bloomberg
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