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Gold Settles at The Year's Low as Treasury Yields Hold Near 2011 High


Friday, 18 May 2018 01:59 WIB

GOLDEMAS


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Gold futures dropped Thursday, deepening their descent below the key $1,300 line, after falling this week to their lowest point of the year.

With those market dynamics at work, June gold GCM8, -0.05% fell by $2.10, or nearly 0.2%, to settle at $1,289.40 an ounce—a nadir for a most-active contract since late December, according to FactSet data. Prices had seen a mild rebound on Wednesday.

July silver took another path, ending at $16.481 an ounce, up 0.7%.

Source : Marketwatch


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