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Gold, Silver Prices Sell Off Amid Keener Risk Appetite


Friday, 18 January 2019 20:44 WIB

GOLDEMASEmas berjangka


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Gold and silver prices are lower and headed toward technically bearish weekly low closes in early U.S. trading Friday. Trader and investors are exhibiting very little risk aversion in the marketplace to end the trading week, and that's negative for the safe-haven metals.

February gold futures were last down $10.80 an ounce at $1,281.00. March Comex silver was down $0.096 at $15.44 an ounce.

European and Asian stock markets were mostly higher overnight. U.S. stock indexes are pointed toward firmer openings when the New York day session begins.

Traders and investors are in upbeat moods late this week on reports that surfaced Thursday afternoon the U.S. is considering lowering or even eliminating its trade tariffs on China as a way to get that nation to make more trade concessions in the current trade war.

Source: Kitco


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