New York futures for gold, copper tumble on WSJ tariff report
Premiums for gold traded on the US-based Comex over the London spot market halved following the news report, to around $20 an ounce.
Spot gold is trading at $1,660.20/oz. The metal traded at multi-month lows last week dropping to $1,638.70/oz. In the last month gold has slid 4.66%.
Spot silver is at $30.02/oz. Last week silver got as low as $29.66/oz.
Platinum has also recovered and is trading at $1,534/oz.
