Gold futures are trading at their highest levels since Decembers as traders return from the Easter holiday. Investors are seeking out
June gold futures climbed $3.10, or 0.24%, to $1,291.60 per ounce at 14:39 GMT on Monday. Gold prices are trading at
Silver is also advancing to kick off the trading week. May silver futures rose $0.02, or 0.11%, to $18.53 an ounce. Silver is trading at levels unseen since November. The precious metal also posted a weekly gain of 2% last week.
Investors have been on the lookout for
North Korea launched a failed missile test on Sunday, adding to growing geopolitical risks. US President Donald Trump and his administration have had stern words for the Pyongyang leadership, while also encouraging China to apply greater pressure to North Korea. The Syrian airstrike was another event that has spooked investors as it remains unclear if the US military will take more action in the country.
Traders are looking ahead to Sunday’s French presidential election. The latest polls suggest that National Front leader Marine Le Pen is topping the field of candidates. Analysts are studying a wide array of scenarios in the
A plethora of negative economic data helped propel the yellow metal. In addition to the weak jobs numbers, a report on retail sales in March showed the worst
Gold was further supported by a declining US dollar. The greenback shed 0.3% on Monday on President Trump’s criticisms of a strong dollar policy. This helped the US dollar slip to a
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