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Gold, Silver Prices Score First Gain in 5 Sessions


Thursday, 14 November 2019 02:06 WIB

GOLDEMAS


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Gold and silver prices posted their first gain in five sessions on Wednesday, with uncertainty over the outlook for a U.S.-China trade deal and the first day of public impeachment proceedings against President Donald Trump helping to support haven demand for the precious metal.

Investors also eyed developments in the House impeachment hearings. Hatzigiannis, however, said he does not expect the impeachment process to affect gold trading. "If it goes through the Senate then we can start taking it serious," he told MarketWatch.

Gold for December delivery on Comex rose $9.60, or 0.7%, to settle at $1,463.30 an ounce, while December silver added 22.1 cents, or 1.3%, to $16.913 an ounce. Both metals posted losses in each of the last three trading sessions.

Source : Marketwatch


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