On Monday the safe haven Gold increased while global economic growth anxieties held the metal just over $1,500 an ounce and expectations of a US-China trade arrangement decreased the demand of the weakening dollar. Spot gold surged 0.3% to $1,515.40 per ounce. In the previous week, the metal registered its best week since early August. US gold futures were stable at $1,518.39 per ounce.
Greenback is losing momentum
Daily Analysis - 31/12/2019