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Gold settles below $1,300 as stocks bounce back from trade anxieties
Wednesday, 15 May 2019 01:26 WIB | PRECIOUS METALS |GOLDEMAS

Gold futures settled below the psychologically significant price of $1,300 an ounce on Tuesday, as equity benchmarks rebounded from a period of trade-related uncertainty.

June gold receded by $5.50, or 0.4%, to end at $1,296.30 an ounce, giving back part of the 1.1% gain on Monday. The settlement a day earlier was the first above $1,300 and highest most-active contract finish since April 10, according to FactSet data.

July silver added 3.5 cents, or 0.2%, at $14.812 an ounce, after slipping 0.1% in the previous session.

Source: Marketwatch

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