Gold rallies as U.S. stock indexes waver amid some uncertainty

(Kitco News) – Gold prices are at daily highs and holding moderate gains in late-morning action Friday. A dip in the U.S. stock indexes today, on some fresh worries about a U.S.-China trade deal getting signed, are helping to lift the safe-haven metal. Some short covering in the futures market is also helping out the yellow metal today. February gold was last up $5.70 at $1,466.50.

By Jim Wyckoff
For Kitco News

Contact jwyckoff@kitco.com
www.kitco.com

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