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 .

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