Gold ends lower as copper logs lowest finish in nearly a year amid trade tensions

according to Metals StocksGold ends lower as copper logs lowest finish in nearly a year amid trade tensionsCopper, most industrial metals plunge as China-U.S. trade spat intensifiesGold suffered for back-to-back losses Wednesday, dragged lower as trade tensions between the U.S. and China intensified, raising concerns over demand for industrial metals and sending copper prices to their lowest finish in almost a year. August gold GCQ8+0.19% lost $11, or 0.9%, to settle at $1,244.40 an ounce, so far tracking about a 0.3% week-to-date loss. The popular fund tracking gold, the SPDR Gold Shares GLD+0.4% was 0.9% lower. September silver SIU8+1.06% fell 1.7% to $15.817 an ounce—the lowest most-active contract finish year to date, according to FactSet data. "Gold is getting pulled down the broader sell off in copper and zinc."September copper HGU8+1.22% plunged 3.4% to about $2.744 a pound, for the lowest finish since late July 2017, FactSet data show.

Gold Rate Today: Gold, silver trade higher in morning trade

On the global front, gold prices inched up in the early trade. Gold Rates - Spot & Futures (.995 purity) (MCX) Date Gold Spot Price Rs/ 10 grms (Ahmedabad) Gold Future Price Rs/ 10 grms Expiry: 03-Aug-2018 12-07-2018 30147.0 30155.0 11-07-2018 30426.0 30306.0 10-07-2018 30399.0 30539.0 09-07-2018 30622.0 30620.0 06-07-2018 30540.0 30566.0 05-07-2018 30467.0 30642.0 04-07-2018 30510.0 30615.0 03-07-2018 30282.0 30500.0 02-07-2018 30348.0 30310.0 29-06-2018 30341.0 30437.0 28-06-2018 30488.0 30490.0 27-06-2018 30536.0 30675.0 26-06-2018 30394.0 30550.0 25-06-2018 30540.0 30645.0 22-06-2018 30484.0 30611.0 GoldGold Technical ChartsNEW DELHI: Precious metals gold and silver were trading higher in the late morning deals on Monday.MCX Gold futures were trading 0.24 per cent, or Rs 72 higher at Rs 30,632 per 10 grams at 11:04 am (IST), while MCX Silver futures were up 0.46 per cent, or Rs 182, at Rs 39,948 per 1 kg at the same time.SPDR Gold Trust GLD, the world's largest gold-backed exchange-traded fund , said its holdings stood at 802.24 down 1.18 tonnes, from the previous business day.Holdings of the largest silver-backed exchange-traded-fund (ETF), New York's iShares Silver Trust SLV, stood at 10087.04 tonnes, remain unchanged from the previous business day.Brokerage Nirmal Bang Securities in the daily commodity report said, "Precious metals are trading higher on COMEX today. We expect prices to trade higher for the day, as the dollar hovered close to a 3-1/2-week low after US jobs data showed an increase in the unemployment rate and slower wage growth. "On the global front, gold prices inched up in the early trade.

Gold Rate Today: Gold, silver trade higher in morning deals

as mentioned in Gold Rates - Spot & Futures (.995 purity) (MCX) Date Gold Spot Price Rs/ 10 grms (Ahmedabad) Gold Future Price Rs/ 10 grms Expiry: 03-Aug-2018 12-07-2018 30147.0 30155.0 11-07-2018 30426.0 30306.0 10-07-2018 30399.0 30539.0 09-07-2018 30622.0 30620.0 06-07-2018 30540.0 30566.0 05-07-2018 30467.0 30642.0 04-07-2018 30510.0 30615.0 03-07-2018 30282.0 30500.0 02-07-2018 30348.0 30310.0 29-06-2018 30341.0 30437.0 28-06-2018 30488.0 30490.0 27-06-2018 30536.0 30675.0 26-06-2018 30394.0 30550.0 25-06-2018 30540.0 30645.0 22-06-2018 30484.0 30611.0 GoldGold Technical ChartsNEW DELHI: Precious metals gold and silver were trading in the green in morning deals on Tuesday.MCX Gold futures were trading 0.06 per cent, or Rs 18 higher at Rs 30,635 per 10 grams at 10:51 am (IST), while MCX Silver futures were up 0.16 per cent, or Rs 65, at Rs 39,950 per 1 kg at the same time.SPDR Gold Trust GLD, the world's largest gold-backed exchange-traded fund, said its holdings stood at 800.77 down 1.47 tonnes, from the previous business day.Holdings of the largest silver-backed exchange-traded-fund (ETF), New York's iShares Silver Trust SLV, stood at 10113.38 up 26.34 tonnes, from the previous business day.Nirmal Bang Securities in its daily commodity report says, "Precious metals are trading higher on COMEX today. We expect prices to trade higher for the day, amid political uncertainty over Brexit and as the US dollar remained subdued. "On the global front, gold prices edged up.

collected by :kiven Dixter