Gold ends lower after two days of gains

Economies.com
2019-03-14 17:43PM UTC

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 .

Commodities News

Gold News

Commodities

Gold logs in first weekly loss in five weeks
2024-04-26 18:34PM UTC
Gold prices rose on Friday, shrugging off a surge by the dollar index following upbeat data, ...
Palladium News

Commodities

Palladium tumbles below $1000 an ounce once again
2024-04-26 15:34PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, with the industrial ...
Oil News

Commodities

Oil prices park at week high as US inventories drop
2024-04-26 13:14PM UTC
Oil prices rose in European trade on Friday, extending gains for the second straight session, with ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows additional positive ...
Oil Analysis

Commodities

Crude oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above ...
Silver Analysis

Commodities

Silver price forecast update 26-04-2024
2024-04-26 11:00AM UTC
Silver Price Analysis Expected Scenario Silver price provides slight positive trades to ...