Tuesday, 19 March 2019
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Gold Futures Settle at Highest Since April, Then Fall in Electronic Trading
Thursday, 21 February 2019 02:15 WIB | PRECIOUS METALS |GOLDEMAS

Gold futures climbed on Wednesday to their highest settlement since April, then edged lower in electronic trading after the release of minutes from the U.S. Federal reserve's January meeting. Optimism over U.S.-China trade talks backed a potential boost in demand for the metal from China, the world's largest buyer, boosting gold prices for the session.

April gold rose $3.10, or 0.2%, to settle at $1,347.90 an ounce. Fed minutes after the gold futures settlement showed that 'several' officials saw the need for more interest rate hikes if inflation came in above forecasts. In electronic trading shortly after the news, April gold was at $1,344.60.

Source : Marketwatch

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