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Gold Edges Up as Geopolitics Take Control of Trade


Friday, 18 October 2019 03:38 WIB

GOLDEMAS


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Investors managed to push gold higher Thursday instead of completely embracing risk, as doubts remained about whether the U.K. will get parliament ratification for its Brexit deal, but Turkey agreed to a ceasefire in Syria.

U.S. gold futures for December delivery settled up $4.30, or 0.3%, at $1,498.30 per ounce.

In post-settlement trade, gold futures were up just $1.45, or 0.1%, at $1,495.45, at 3:27 PM ET (19:27 GMT) after scaling $1,501.05 at the intraday high. Spot gold was up $1.83, or 0.1% higher, at $1,491.86.

Source : Investing.com


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