Gold Slips, But Safe-Haven Demand Keeps Prices Above $1,300

Gold prices eased on Friday on profit-taking, after breaking above $1,300 in the previous session when U.S. President Donald Trump's decision to call off a meeting with North Korean leader Kim Jong Un triggered safe-haven buying.

Spot gold was down 0.2 percent at $1,302.18 per ounce at 0312 GMT, after gaining nearly 1 percent in the previous session in its biggest one-day percentage rise since April 11. It remains on track for a weekly advance.

U.S. gold futures for June delivery fell 0.2 percent to $1,301.80 per ounce.

For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ - 0731-6626191 | Toll Free - 1800-3010-2007
Give a Missed Call for Free Trial - 09699997717


SHARE

Suhani Verma

  • Image
  • Image
  • Image
    Blogger Comment
    Facebook Comment

0 comments: