Gold closes higher for second straight day
Gold futures settled higher on Tuesday, to continue gains for the second straight session amid the US dollar stability, and increased investors' appetite for precious metals as safe havens while stocks lost appeal.
This comes amid renewed concerns over the trade talks between the US and China.
President Donald Trump threatened to increase tariffs against China, if Beijing does not sign the first phase of the trade deal, which diminished hopes and proved the reported hurdles facing the talks.
Otherwise, the dollar index held against a basket of major currencies at 97.8 points as of 19:24 GMT, and hit an intraday high of 97.8 and a low of 97.7.
Gold futures for December delivery rose by 0.2% to close at $1,474.30 an ounce, with a high of $1,475.8 and a low of $1,465.1.
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1335
|
0.0004
|
0.0344%
|
|
|
|
|
1.2613
|
0.0106
|
0.8475%
|
|
|
|
Tadawul
|
7394.26
|
-6.27
|
0.08%
|
|
|
|
|
18.741
|
0.395
|
2.150%
|
|
|
|
|
40.905
|
0.670
|
1.665%
|
|
|
|
|
43.29
|
0.29
|
0.67%
|
|
|
|
|
1810.235
|
24.250
|
1.358%
|
|
