Gold prices decline in Asia

Gold prices decline in Asia

On Tuesday, gold sank moderately, with markets on watch for further developments on the Korean peninsula. However, traders noted strong equity markets as well as investor confidence.

In New York, June deliver gold futures dropped 0.15%, trading at $1,275.65 a troy ounce. Meanwhile, silver futures added 0.16%, being worth $17.960 a troy ounce. As for copper futures, they leapt 0.78%, hitting $2.586 a pound.

Overnight, gold prices dipped, as market participants pulled out of safe-haven assets, including gold, after pro-European nominee Emmanuel Macron managed to dominate the first round of the French presidential election.

Gold faced its biggest sag for over a month, declining more than 1%, after surveys showed Mr Macron would emerge victorious against anti-EU nominee Marine Le Pen during the run-off vote to take place on May 7.

The decrease in gold prices was capped by greenback weakness as well as ascending geopolitical tensions.



Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

promotions you can be interested in

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera