Front-month gold closed at a new all-time high settlement but eased back after rallying above $3,000/oz for the first time.
Gold closed above $3,000 a troy ounce for the first time ever on economic uncertainty and safe-haven demand. Gold also received a lift from a weakening of the U.S. dollar associated with diminished ...
Gold futures climbed above $3,000 an ounce for the first time as anxiety about escalating trade wars and U.S. economic growth pushed investors into traditional safe havens.
J.P. Morgan and Goldman Sachs advise continuing to hold the metal. BNP Paribas raised its forecast for prices.