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Gold on Track For Weekly Win After Reasserting Haven Role

Friday, 24 May 2019 20:33 WIB

GOLDEMAS

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Gold futures edged lower Friday but were on track for a weekly win after seeing renewed haven demand as trade-war worries rose.

Gold for June delivery on Comex fell $2.40, or 0.2%, to $1,283 an ounce, while July silver was off 6.8 cents, or 0.5%, at $14.545 an ounce. Gold is on track for a 0.6% weekly rise, after a Thursday rally, while July silver is up 1.2% for the week. Both metals are nursing month-to-date declines, however, with gold off 0.2% and silver down 2.9%.

Source : Market Watch

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