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Gold Finds Traction on Back of Chinese Market Fears


Friday, 8 March 2019 20:51 WIB

GOLDEMASSILVER


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Haven gold jumped Friday, boosted by fresh signs of cracks for global stock markets, led by China and as some caution crept in ahead of key U.S. jobs data.

April gold was up $7.10, or 0.5%, at $1,293.20 an ounce after a marginal decline in the previous session. After a back-and-forth week, including the lowest settlement on Tuesday since late January, the contract is headed toward little change on a weekly basis.

May silver rose 7 cents, or 0.5%, to $15.115 an ounce. It's headed for a 0.9% weekly drop.

Source : Marketwatch


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