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Gold Steady Near 10-Month High as Trade, Fed in Focus


Thursday, 21 February 2019 16:56 WIB

GOLDEMAS Spot EmasSpot Gold


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Gold steady near a 10-month high as investors weigh U.S.-China trade talks together with the Federal Reserve's policy stance, with optimism over progress in the fight between Washington and Beijing and signals from the U.S. central bank that hint at the possibility of further hikes.

Spot gold +0.1% at $1,339.08/oz at 7:35am in London. Prices closed -0.2% on Wednesday after touching $1,346.80, highest intraday level since April . Bloomberg Dollar Spot Index +0.1%.

Other precious metals: Silver -0.4%, Platinum -0.4%, Palladium -1.3% after hitting record $1,505.46/oz on Weds.

Source: Bloomberg


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