Gold is off 14-month peak after Mexico migration deal settles market nerves
US stock futures jump, drawing optimism from the agreement, while being further supported by bets of a US interest rate cut after Friday’s soft payroll data
10 June 2019 - 08:01
Bengaluru — Gold retreated from a 14-month peak on Monday after an agreement late last week between the US and Mexico to avert a tariff war crimped safe-haven demand for the metal.
Spot gold had fallen 0.5% to $1,333.44 per ounce by 1.03am GMT (3.03am SA time)...
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