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Gold ends lower as Trump tweet raises optimism that trade deal with China near


Friday, 13 December 2019 02:09 WIB

GOLDEMASSILVER


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Gold prices ended lower on Thursday as President Donald Trump's tweet that a trade deal with China is near rallied the stock market, dulling demand for the haven metal.

Gold prices had been trading higher early Thursday, with uncertainties surrounding a U.K. election and dovish stances by the Federal Reserve and the European Central Bank helping to provide support.

February gold  fell by $2.70, or 0.2%, to settle at $1,472.30 an ounce, down significantly from the day's high of $1,491.60.

March silver added 10 cents, or 0.6%, at $16.949 an ounce, after a 0.9% gain on Wednesday. The metal notched a fourth consecutive gain.

Source : MarketWatch


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