Last Friday, the famous Gold was restrained, however, it kept to its course and moved towards its worst month in three years. All that while expectations for a fundamental US-China trade deal buoyed excitement for riskier assets and the greenback. Spot gold was fixed at $1,458.59 per ounce casting 0.3%. U.S. gold futures rose 0.3% to $1,457.79. For the current month, gold has fallen almost 4%, while belief concerning a deal between Beijing and Washington discouraged demand for the safe haven metal.
Oil rises more than 1% in anticipation of more rate cuts
Weekly Report - 02/12/2019