Trade Tariffs: Interest Rates and Tuesday Trade

trade tariffs: Gold for August delivery on Comex GCM19, 0.50% rose 80 cents, or nearly 0.1%, to settle at 1,328.70 an ounce after spending much of the session struggling for direction, according to Market Watch. The settlement was the highest since Feb. 25, according to Fact Set data. Gold has climbed this week, largely on the back of more tension between the U.S. and other countries over trade and tariffs along with expectations for lower interest rates as bond yields have fallen sharply. Futures for the yellow metal have now posted gains for five consecutive sessions, the longest since a similar streak ended on Jan. 31. The U.S. stock market gained in Tuesday trade, but investors remained skittish with no apparent progress made on the trade policy front and May data on U.S. manufacturing released Monday revealing the slowest pace of expansion in 2 years. July silver SIN19, 0.80% added 2.9 cents, or 0.2%, to 14.769 an ounce, after rising 1.2% on Monday. (news.financializer.com). As reported in the news.