Gold Settles Lower as Investors Turn Cautiously Upbeat on Trade Outlook

Tuesday, 26 November 2019 02:37 WIB



Gold lost some ground Monday, with weakness attributed to cautiously upbeat expectations around U.S.-China trade negotiations seen robbing the metal of its haven appeal.

Gold for December delivery on Comex fell $6.70, or 0.5%, to $1,456.9 an ounce, while December silver shed 11 cents, or 0.7%, to $16.88 an ounce.

Global equity markets rose, while U.S. stocks clinched fresh records on upbeat expectations around U.S.-China trade prospects and on a wave of announced corporate mergers.

Source : Marketwatch


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