Gold Edges Lower as Stocks Rise, Rate Concerns Remain - News Summed Up

Gold Edges Lower as Stocks Rise, Rate Concerns Remain


Gold prices inched lower Monday, with stocks rising, as focus shifted away from the geopolitical and economic risks that had worried investors in recent sessions. Front-month gold for March delivery fell 0.2% to $1,319.40 a troy ounce on the Comex division of the New York Mercantile Exchange. Prices have stayed between roughly $1,305 and $1,360 this year, swinging based on investors’ risk appetites, moves in the dollar and concerns about higher interest rates.


Source: Wall Street Journal March 12, 2018 15:00 UTC



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