Gold Edges Lower With Dollar Surging After Tariff Threat - News Summed Up

Gold Edges Lower With Dollar Surging After Tariff Threat


Gold prices fell Monday, hurt by a stronger dollar after President Trump threatened to escalate the U.S.-China trade fight. Gold for June delivery, the most-active futures contract, inched down 0.2% to $1,278.80 a troy ounce on the Comex division of the New York Mercantile Exchange. Prices are roughly flat for the year and about 5% below their February 10-month peaks, hurt by strength in the dollar and renewed faith in the U.S. economy.


Source: Wall Street Journal May 06, 2019 13:41 UTC



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