Copper and aluminum were lower, and Citi said the delay of U.S. trade tariffs on China and other countries was holding off the potential bearish hit to commodities demand.
Amid a surge in open interest in precious metals futures, front-month gold futures settled up 0.4% to $2,755 an ounce, the third-highest close in history.
Gold futures fell as Trump didn’t immediately implement trade tariffs, somewhat lowering short-term, safe-haven demand for the precious metal, though prices remained up on week.
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The LBMA Gold Price AM in USD fell in December while the Shanghai Gold Benchmark Price PM in RMB rose, supported by a ...
Since Election Day, gold has meandered within a trading range from $2,562 to $2,717. That is pretty darned impressive, as ...
Gold prices rose to a more-than-one-month high on Thursday after the latest U.S. economic data pressured the Treasury yields ...
Gold prices surged to a one-month peak on Thursday, nearing $2,700 per ounce, as softer U.S. inflation data fueled hopes of ...
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A small positive candle was formed on the daily chart with a gap up opening and with a long upper shadow. Technically, this ...
Gold prices dipped on Monday as the U.S. dollar soared to an over two-year high after a robust jobs report last week cemented ...
Gold gave back less than expected given a strong dollar and profit-taking, as a positive outlook and higher risk constrained ...