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Gold Modestly Higher as Worries Over Global Growth Continue


Friday, 22 March 2019 19:30 WIB

GOLDEMAS


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Gold continued to push higher Friday, overcoming a stronger U.S. dollar as investors reacted to global growth fears that were underlined by a round of downbeat economic data, as well as the Federal Reserve’s dovish tone earlier this week.

Gold for April delivery on Comex rose $5.10, or 0.4%, to $1,312.40 an ounce, while May silver  was up 4.8 cents, or 0.3%, to $15.485 an ounce.

In other metals trade, June palladium was off $9.10, or 0.6%, at $1,548.80 an ounce, while April platinum declined $3.10, or 0.4%, to $858 an ounce.

Source : Marketwatch


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