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Gold Extends Gain as Dollar Weakens Amid Trade Talks
Monday, 18 February 2019 13:33 WIB | PRECIOUS METALS |GOLDEMAS Spot Emas

Gold extended gains from its highest close since April as the dollar retreated and investors weighed broad optimism that the U.S. and China may be able to reach a deal that would avert a tariff increase on Chinese goods by March 1. Palladium hit a record.

Spot gold as much as +0.2% to $1,325.39/oz, highest since Jan. 31, and traded at $1,324.14 at 12:27pm in Singapore.

Prices closed at highest since April on Friday and a rally above $1,326.33/oz would push metal to highest since April on intraday basis.

Source : Bloomberg

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