Gold futures edge lower on technical selling

0 Comment(s)Print E-mail Xinhua, January 22, 2020
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CHICAGO, Jan. 21 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange settled lower on Tuesday, as the precious metal was pressured by investors' technical selling.

The most active gold contract for February delivery decreased 2.4 U.S. dollars, or 0.15 percent, to close at 1557.9 dollars per ounce. Gold rose 10 dollars in the previous session.

As for other precious metals, March silver lost 26.5 cents, or 1.47 percent, to close at 17.808 dollars per ounce. April platinum dropped 17.3 dollars, or 1.69 percent, to settle at 1,007.5 dollars per ounce. Enditem

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