Tuesday, 16 October 2018
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Gold extends recovery as the dollar retreats
Wednesday, 14 February 2018 02:28 WIB | PRECIOUS METALS |GOLD

Gold futures scored back-to-back gains as the dollar weakened Tuesday, with the metal taking back a sliver of the more than 1.6% erased last week in its worst performance in two months.

April gold rose $4, or 0.3%, to settle at $1,330.40 an ounce. The gold-backed exchange-traded fund SPDR Gold Shares climbed by 0.6%, while the VanEck Vectors Gold Miners ETF fell 0.1%.

In other metals trading, March silver shed 0.3% to $16.52 an ounce, while the silver-focused iShares Silver Trust rose 0.5%. March copper rose 2.3% to $3.158 a pound, April platinum added 0.3% to $976.20 an ounce and March palladium rose 0.5% to $980.75 an ounce.

Source: Marketwatch

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