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Gold prices settle higher, finding support as U.S. equities decline even as the dollar gains
Friday, 19 October 2018 00:41 WIB | PRECIOUS METALS |GOLDEMASEmas berjangka

Gold prices settled higher Thursday, recouping most of what they lost a day earlier.

A decline in the U.S. stock market helped boost investment interest in the metal, despite strength in the dollar, which tends to put some pressure on dollar-denominated prices of the metal.

December gold rose $2.70, or 0.2%, to settle at $1,230.10 an ounce, after posting a loss of 0.3% on Wednesday.

The most-active contract held ground near Tuesday's settlement of $1,231, which was the highest since July, according to FactSet data.

Source: Marketwatch

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