Gold hits a two-week high as investors cover their positions Market Discussion



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Gold prices reach their highest level in two weeks on Monday, July 9, 2018, with investors hedging their positions and the dollar falling to its lowest price since mid-June, also supporting trade tensions between the United States and China. The spot price of gold is 0.5% to $ 1260.41 an ounce, having reached its highest level since June 26 at $ 1262.06. The price of US gold for August rose 0.5% to $ 1261.70 an ounce

Money increased 0.7% to $ 16.11 l & # 39 ounce and palladium rose 0.6% to $ 958.22 an ounce. 19659002] Platinum rose 1.7% to $ 854.70 an ounce, after hitting its highest level since June 28 at $ 855.10 an ounce

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