Gold futures edged lower on Thursday while the rest of the precious metals complex moved modestly higher and the dollar extended its recent pullback against...
Gold futures edged lower on Thursday while the rest of the precious metals complex moved modestly higher and the dollar extended its recent pullback against its main rivals.
Gold futures due to expire in June GC00 were off 0.2%, or just under $4, to trade at $1,842.60 an ounce. Silver SI00 , meanwhile, was up 0.2%, or 4 cents, to almost $22 an ounce. Long seen as safe haven assets during periods of market volatility, gold and silver have been moving more in line with “risk” assets like equities in recent months and weeks, much to the chagrin of some long-time analysts.
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