Gold is struggling to get fresh buyers that would take it decisively above the psychological level of $1,200. The yellow metal tumbled last week and made a low of $1,181 per ounce. However, it managed to bounce from those levels, recovering some of the loss, and closed at $1,191 per ounce, down 0.7 per cent for the week.
Spot Silver Price
Spot Gold was up 0.2 percent at $1,203.86 – Neal Bhai Reports
Gold Silver Reports (GSR) — Spot Gold – “However, there is not much of a safe-haven appeal (for gold) as the market is not packing in a lot of punch to trade war.”