"Seeking Alpha" said : Gold Slightly Weaker In Asia As Trump Tour Eyed, North Korea Shrugged Off

The Justice Department on Wednesday appointed a former FBI director as special counsel to investigate possible coordination between the Trump campaign and Russia. Last week, gold prices were higher on Friday and notched the largest weekly gain since mid-April as political uncertainty surrounding the Trump administration pressured the dollar lower, boosting demand for the precious metal. Gold for June delivery eased 0.05% to 1,252.99 a troy ounce. In the week ahead, investors will be looking at Wednesday's Federal Reserve meeting minutes for fresh indications on the possible timing of the next U.S. rate hike. Revised data on U.S. first quarter growth and private sector survey data out of the euro zone will also be in focus.


referring to

NBC's Hallie Jackson Trump Trip Notebook: In the Gold Souk

Hallie Jackson visited a a gold souk in Riyadh, Saudi Arabia. RIYADH, Saudi Arabia — I'm at a gold souk, walking past window displays dripping with jewelry. My regional producer, fluent in Arabic, asks what she thinks of President Donald Trump's visit to Saudi Arabia. "We are very excited to have President Trump," says Ayesha al-Khayrha. Hallie Jackson / NBC NewsAround the corner, an aunt and her two nieces are heading toward a makeup counter.


Get instant notifications from Economic TimesAllowNot nowYou can switch off notifications anytime using browser settings. Never miss a great news story!


read more visit us gold

collected by :Jack Luxor