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09-May2018

Gold futures settle almost unchanged on Tuesday

Gold futures settled almost unchanged on Tuesday following US President Donald Trump's decision to pull the US out of Iran nuclear deal. The decisions to leave the accord will increase risk aversion in the broader markets, supporting safe-heaven appeal of the bullion, though the stronger dollar have weighed a little on the yellow metal price.

Gold futures for June delivery settled down  $0.40, or 0.03 percent, at $1,313.70 per ounce, on the Comex division of the New York Mercantile. While, spot gold was flat at $1,313.76 per ounce.


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