Gold futures climbed Thursday to mark their highest settlement in a week, buoyed by losses in global stock markets and expectations that the U.S. and China are headed for a prolonged trade dispute.
June gold added $11.20, or 0.9%, to settle at $1,285.40 an ounce on Comex.
Among other precious metals, silver rose 1.2% to $14.62 per ounce, while palladium edged 0.2% higher to $1,316.80. Platinum rose 0.2% to $800.52 an ounce, after touching the lowest since Feb. 15 at $791 earlier in the session.
Source : MarketWatch
Gold slid 1% on Friday as strong U.S. jobs data renewed bets the Federal Reserve would hold pat on interest rates and boosted demand for riskier assets, while supply-squeezed palladium soared to a new record high. U.S. job growth increased by the most in 10 months in November, confirming that the ec...
Gold futures plunged, erasing a weekly gain, as stronger-than-expected U.S. jobs data helped ease economic concerns that had fueled demand for the metal as a haven. Payrolls jumped 266,000, the most since January, according to a government report Friday that topped all estimates in a...
Gold headed for a second weekly advance as developments in the trade war took center stage and as traders waited for key monthly U.S. jobs data due later Friday. China said Friday it's in the process of waiving retaliatory tariffs on imports of U.S. pork and soy by domestic companies...
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 said that talks were œmoving along well, although a news report said that Washington and B...
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 demand for the precious metal. Gold for February delivery on Comex added $2.90, or 0.2%, to settle at...