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Gold Extends Climb, on Pace For Longest String of Gains in 5 Weeks


Tuesday, 30 July 2019 20:25 WIB

GOLDEMAS


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Gold futures headed higher for a third consecutive session on Tuesday as investors watched for the start of an important Federal Reserve meeting and digested U.S. economic data which indicated muted domestic inflation.

August gold on Comex added $7.10, or 0.5%, at $1,427.50 an ounce, after gaining 0.1% a day ago. A third straight climb for the precious commodity would mark its longest such streak since a four-session advance ended June 25, according to FactSet data.

Meanwhile, September silver gained 5 cents, or 0.3%, to reach $16.50 an ounce.

Source : Marketwatch


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