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Gold hovers near $1,500 after pulling back from 6-year high

Wednesday, 11 September 2019 19:54 WIB

GOLDEMAS

Gold futures edged higher Wednesday, hovering near the $1,500-an-ounce level after pulling back this week from more-than-six-year highs as haven demand dried up on an easing of near-term U.S.-China trade worries and a revival in appetite for stocks.

Gold for December delivery on Comex rose 50 cents, or less than 0.1%, to $1499.70 an ounce, while December silver rose 2.4 cents, or 0.1%, to $18.21 an ounce. Gold is down around 1% so far this week and 1.9% since the end of August.

Source: marketwatch

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