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Gold tumbles as traders dump safe-havens

Business Insider - 19 Apr 2017 16:26
Gold tumbles as traders dump safe-havens Getty Images/Dario Pignatelli/Bloomberg Investing.com - Gold prices edged lower in North American trading on Wednesday, as demand for safe-haven assets eased amid a recovery in the dollar and global equities. Comex gold futures shed $9.60, or around 0.8%, to $1,284.50 a troy ounce by 9:35AM ET (13:35GMT). Meanwhile, spot gold was down $6.60 at $1,282.90. The yellow metal settled higher for the fifth session in a row on Tuesday after hitting its strongest since early November at $1,297.40 at the ...
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