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Gold futures settle lower for a second session
Tuesday, 28 April 2020 01:04 WIB | PRECIOUS METALS |GOLD

Gold futures declined on Monday for a second session in a row as easing coronavirus restrictions helped fuel a rise in the U.S. stock market, dulling haven demand for the precious metal.

Meanwhile, the "latest plunge in crude oil prices puts the threat of falling consumer prices front and center again. That's denting the gold price, because it's pushing real interest rates higher," said Adrian Ash, director of research at BullionVault.

June gold fell $11.80, or 0.7%, to settle at $1,723.80 an ounce.

Source: Marketwatch

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