Recent Pullback in Gold Could Provide Buying Opportunity - News Summed Up

Recent Pullback in Gold Could Provide Buying Opportunity


Some analysts are viewing a recent pullback in gold prices as a buying opportunity ahead of trade talks and minutes from the Federal Reserve’s September meeting, a trend that could represent the latest example of bullion’s resilience this year. Gold for December delivery, the most-active futures contract, inched down less than 0.1% Tuesday to end at $1,503.90 a troy ounce on the Comex division of the New York Mercantile Exchange, erasing an earlier advance as the dollar rose. A stronger dollar makes commodities denominated...


Source: Wall Street Journal October 08, 2019 14:15 UTC



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