Showing posts with the label Gold Price at Close Report I CNBC

Gold Price at Close Report: Gold hits three-month peak as stocks slide, palladium at record I CNBC CNBC Gold jumped to a more than three-month peak on Tuesday, with investors spurred on by a slide in global equities and rising political and economic uncertainty, including concerns over Italy's spending plans. Palladium soared to a record high, with additional support from expected renewed demand from the Chinese automotive sector. Spot gold was up 0.78 percent at $1,230.97 an ounce, having touched its highest since July 17 at $1,239.68. U.S. gold futures settled at $1,236.80 per ounce, up $12.20.

Gold Price at Close Report: Gold falls as trade tensions keep dollar afloat I CNBC CNBC Gold prices fell on Tuesday as the U.S. dollar steadied amid concerns of an escalation in global trade tensions after the United States imposed a new round of tariffs on Chinese imports. U.S. President Donald Trump on Monday imposed 10 percent tariffs on about $200 billion worth of Chinese imports and warned of more tariffs if China retaliated. China, however, said it had no choice but to retaliate against the latest U.S. tariffs and hoped the United States would correct its behaviour. Spot gold fell 0.2 percent to $1,198.

Gold Price at Close Report - Gold rises, set for longest monthly losing streak in 5½ years I CNBC CNBC

Gold Price at Close Report: Gold steadies near 1-year low as dollar slips I CNBC

Image Gold steadies near 1-year low as dollar slips CNBC AP Gold ticked higher on Wednesday, but was still hovering near one-year lows as the dollar slipped, while hopes for a trade deal with Europe rose during meetings between European Commission President Jean-Claude Juncker and President Donald Trump. Spot gold rose 0.71 percent to $1,232.88 per ounce. U.S. gold futures for August delivery settled up $6.30 at $1,231.80. During a meeting Wednesday afternoon with Juncker, Trump said he hoped " to work something out on a fair tr