Equities have been caught in a tight trading range over the past week, and that’s just fine for gold, which rose on Tuesday for the third time in four sessions.Gold for December delivery GCZ4, +0.68% advanced $2.40 to $1,185.90 an ounce. December silver SIZ4, +0.92% tacked on 2 cents to $16.08 an ounce.
A day earlier, gold prices failed to defend back-to-back gains, feeling the weight of declining institutional demand for the precious metal.
No comments:
Post a Comment