Gold notches a gain after back-to-back session declines

AFTERNOON UPDATE

FOREX Closes: Gold $1247.70 (+$4.57) / Silver $15.97 (+11¢)

MarketWatch/Myra P. Saefong and Mark DeCambre/7-12-2018

“‘The U.S. economic data brought weakness in the dollar index and this has helped the gold price,’ said Naeem Aslam, chief market analyst at Think Markets. ‘Moreover, we do believe that trade tension (to some extent) is also providing some momentum for gold.’”

 

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