Sunday , March 7 2021

Gold prices fell today in optimism about trade between America and China



Gold fell 0.2 percent in US futures to $ 1317.10 an ounce

Gold fell 0.2 percent in US futures to $ 1317.10 an ounce

Gold fell today amid investors' appetite for risk amid optimism that the United States and China may close a deal, though the suspension of US interest has kept the yellow metal on track for the second consecutive week.

Gold fell 0.3 percent on spot trade to $ 1316.95 an ounce by 0719 GMT. Prices were the highest since April 26 on Thursday at $ 1326.30 an ounce and up to 1.1% this week.

Gold fell 0.2 percent in US contracts to $ 1317.10 an ounce.

Among other precious metals, palladium stabilized at $ 1342.98 an ounce, while platinum fell 0.5% to $ 815.50 an ounce.

Silver fell 1 percent to $ 15.91 an ounce, rising in the previous session to its highest level since July 2018 at $ 16.19 an ounce.

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