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.
On Tuesday Indian broker and research company, Nirmal Bang, said that gold and silver prices will remain under pressure.
According to the firm, trading of precious metals barely changed on New York’s COMEX today and the researchers expect prices to stay under the gun because of a stronger US dollar.
