Gold closes lower as dollar rises

2019-08-13 19:48:45 GMT (

Gold closed lower today, retreating from earlier gains as dollar rose against most major currencies due to the ease of the trade war concerns.


Trump’s administration decided to delay the tariffs increase on several Chinese imports until mid-December.


Additionally, the US Treasury Department canceled tariffs on several other imports, and Trump commented that the decision is due to the Christmas season.


As of 19:00 GMT, dollar rose against a basket of major currencies by 0.4% to 97.7 points, with a high of 97.8 and a low of 97.3.


Gold futures fell by 0.2% to close at $1514.10 per ounce, with a high of $1546.10 and a low of $1488.9.

More News

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.