On Tuesday Gold locked near to 7-day lows reached in the previous trading session. Gold pressed by the stronger greenback while trader’s desire for riskier assets increased in the announcement of firm U.S. economic data.
U.S. gold futures fell 0.1% to $1,318.39 an ounce while the Spot gold was even at $1,313.90 per ounce. Prices in the last trading session dropped to their weakest level since last month at $1,308.20. On Tuesday the greenback continued to hold its current profits versus its rivals, approved by the restoration of traders risk appetite.
Stocks went up, led by tech shares
Daily Analysis - 05/02/2019