Gold prices jumped higher in reaction to the cancellation of the North Korea Summit. The precious metal managed to break back above the key psychological level of $1300 on Thursday and continues to trade above it this morning. Silver also gained. The Swiss franc and the yen strengthened in a knee-jerk reaction but have managed to give back some of those gains as markets soon calmed down.
Markets react to Trump’s cancellation of Summit with Kim Jong-Un
Daily Analysis - 25/05/2018