Commodities

Gold ends lower after two days of gains

2019-03-14 18:05:29 GMT (Economies.com)

Gold prices fell during today after two sessions of the rise as the precious metal was under pressure from the rise of the dollar against most major currencies.

 

At 17:29 GMT, The dollar (against a number of major currencies) rose by 0.3% to 96.7 points , with a high of 96.8 points and a low of 96.4 points.

 

This comes after the postponement of the summit between US presidents "Donald Trump" and Chinese "Xi Jinping" to April after it was going to be held at the end of March.

 

Despite concerns over possible differences between Washington and Beijing, the US president stressed that trade negotiations with China were going very well.

 

At the close of the session, gold prices (April delivery) fell  by 1.1% to $1295.1 an ounce, the precious metal' highest price today at $1310.3 and the lowest at %1292.5 .

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.