Gold retreats from near four-week peak as U.S. dollar ticks up slightly from six-week low


Source: theglobeandmail.com theglobeandmail.com

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Open this photo in gallery: Jae C. Hong/The Associated Press Gold prices fell on Tuesday, retreating from near a four-week high, as a modest rise in the dollar weighed on the metal, although uncertainty over the U.S.-China trade agreement kept investors cautious and limited the bullion’s decline. Spot gold fell 0.3 per cent to US$3,369.98 an ounce, as of 0249 GMT, after hitting its highest level since May 8 earlier in the session. U.S. gold futures were steady at US$3,390. The metal gained about 2.7 per cent in the previous session, marking its strongest daily performance in more than three...