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Gold Holds at Six-Month Low, Platinum Slumps on Dollar


Wednesday, 20 June 2018 09:32 WIB

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Gold holds near six-month low as the dollar trades close to highest level in almost a year amid escalating trade tensions between the U.S. and China. Platinum declines to near lowest in more than two years.

Bullion for immediate delivery little changed at $1,274.97/oz at 9:58am in Singapore; metal hit $1,270.52 on Tues., lowest intraday level since Dec. 22

Bloomberg Dollar Spot Index holds near highest since July 2017

In other precious metals : Silver +0.1% to $16.3270/oz, Platinum -0.4% to $865.09/oz, after dropping to $862.37 on Tues., lowest level since Feb. 2016.

Source : Bloomberg


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