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Gold Steady as Silver Heads for Lowest Close Since '16


Wednesday, 12 September 2018 08:43 WIB

GOLDEMASBullion


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Gold steady as silver heads for lowest close since January 2016.

Bullion for immediate delivery -0.1% to $1,196.95/oz by 9am in Singapore after +0.2% Weds; Bloomberg Dollar Spot Index -0.1%. U.S. rate hikes amid low inflation to keep gold under pressure, S&P Global Ratings says in report, which sees flat prices through 2020

In other precious metals, Silver -0.1% to $14.1329/oz, Platinum flat at $791.62/oz and Palladium +0.2% at $977.02/oz.

Source : Bloomberg


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