
Gold rebounds on dip buying despite US-China trade deal hopes
The Peninsula
Singapore: Gold prices jumped more than 1% on Thursday on bargain buying, a day after the bullion hit a one week low amid optimism over the US China t...
Singapore: Gold prices jumped more than 1% on Thursday on bargain buying, a day after the bullion hit a one-week low amid optimism over the US-China trade deal. Spot gold rose 1.5% to $3,335.39 an ounce, while US gold futures gained 1.5% to $3,344. The dollar index fell 0.3% against its peers, making greenback-priced bullion cheaper for overseas buyers. Spot silver fell 0.6% to $33.33 an ounce, platinum was down 0.4% at $968.60, and palladium lost 0.8% to $936.63.
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