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Gold Prices Rise Towards Fresh 10-Month High as Dollar Slips


Monday, 18 February 2019 21:03 WIB

EMAS Spot Emas


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Gold prices edged higher on Monday, rising towards their best level since April as the U.S. dollar weakened on hopes the U.S. and China would hammer out an agreement resolving their protracted trade war.

Comex gold futures were up $2.25, or around 0.2%, at $1,329.95 a troy ounce by 8:40AM ET (13:40 GMT), not far from a 10-month high of $1,331.10.

Meanwhile, spot gold was trading at $1,326.91 per ounce, up $5.50, or roughly 0.4%.

There will be no floor trading on the Comex on Monday because of Washington's Birthday, more widely known as Presidents Day. All electronic transactions will be booked with Tuesday's trades for settlement.

Source: Investing.com


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