March 05, 2018

Gold slips slightly in midday trading from Friday’s strong advance as gains on the Dollar outweighed any carryover effects from Friday’s emerging trade war fears.  After gold for April delivery on COMEX closed on Friday at $1,323.40 (up $18.20 / +1.4%), a broader fear of global economic slowdown set the tone leading to a stronger US dollar.    Gold is currently trading at $1,321.50, down $1.90.