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Gold Climbs, But Holds Below $1,200 With Global Stock Vulnerability, Higher Rates Under Watch
Wednesday, 10 October 2018 01:25 WIB | PRECIOUS METALS |GOLDEMAS

Gold futures settled with a modest gain on Tuesday, climbing from their lowest finish in just over a week a day earlier.

Gold was also buoyed by signs of continued U.S.-China tensions after reports of a tense meeting between U.S. Secretary of State Mike Pompeo and his Chinese counterpart, said Jeff Wright, executive vice president of mineral exploration company GoldMining Inc.

December gold gained $2.90, or 0.2%, to settle at $1,191.50 an ounce. The contract settled at $1,188.60 Monday, its lowest finish since Sept. 27. December silver gained 7.1 cents, or 0.5%, to $14.40 an ounce after losing 2.2% Monday.

Source : Marketwatch

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