On Tuesday the popular safe haven Gold went higher following a sharp drop in the previous trading session while traders worried about economic retardation. The drop came after the release of weak global manufacturing data. U.S. Gold futures went up 0.2% to $1,391.69 an ounce. Spot gold advanced almost 0.5% to $1,389.72 per ounce following a fall of almost 2% in the previous session. That was its largest single-day percentage drop since 2016.
OPEC extending production cuts
Daily Analysis - 02/07/2019