Gold futures slumped approximately 1.0% as global equity edging higher on December 06, 2019.

  • Dec 06, 2019 GMT
  • Team Kalkine
  • Yellow metal prices traded 16.0 points or 1.05% lower at $1,467.25/oz at the time of writing at 03:15 PM GMT. As global equity benchmarks trading higher, with the US major S& 500 traded 23.44 points or 0.75% higher at 3,141.87, global technology stocks benchmark Nasdaq Composite traded 75 points or 0.88% higher to 8,647.7, UK broader index FTSE 100 traded 85.0 points or 1.22% higher at 7,225.95, and Germany’s DAX traded 106.0 points or 0.82% higher at 13,161.25, at the time of writing at 03:35 PM GMT. Also, most of Asian equity benchmark indices ended higher.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

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