Gold prices on Wednesday struggled to push higher, stalling ahead of the
FOMC minutes, the first key economic development of the week.
Gold for June delivery
GCM4
-0.08%
was down 50 cents to $1,294.10 an ounce. July silver
SIN4
+0.19%
added 3 cents to $19.44 an ounce.
Day earlier, gold prices rose nominally but couldn’t break free from its tight trading range as the World Gold Council reported first-quarter demand was basically flat from a year ago.
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Day earlier, gold prices rose nominally but couldn’t break free from its tight trading range as the World Gold Council reported first-quarter demand was basically flat from a year ago.
Marex Spectron manager of precious metals David Govett is looking for the lack of volatility to last for the foreseeable future.
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