COMMODITY
Gold futures settle higher registering fourth weekly gain in a row
Jan-18-2020

Gold futures settled higher on Friday, rebounding from early session losses amid persisting confusions over the potential success of the Sino-US trade deal and the chances of the trade war recurring with both nations keeping much of the tariffs imposed on each other prior to the agreement. The bullion for the most active contract marked a rise of 20 cents higher than last Friday’s settlement. extending its streak of weekly wins to four in a row.

Gold futures for February US gold gained $9.80, or 0.6%, to settle at $1,560.30 an ounce on the Comex division of the New York Mercantile. While, spot gold was up $7.91, or 0.5%, at $1,560.45 per ounce.

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