Analysis

Commodity Report: Gold Price Forecast - 19 November 2019 [Video]

Gold rose on Tuesday back above $1475, erasing losses from earlier in the session on fresh doubts over a U.S.-China trade deal.

Traders now await minutes of the U.S. Federal Reserve's last policy meeting, due on Wednesday, for clues about the future interest rate trajectory.

Investors also kept a close eye on developments in Hong Kong, with police on Monday trapping hundreds of protesters inside a major university.

Among other metals, silver gained 0.7% to $17.13 an ounce, while palladium rose 2.4% to $1739 an ounce. Platinum was up 1.75% at $913 extending gains for a fourth straight session.

Where are commodity prices heading next?  Watch Phil Carr at The Gold & Silver Club review Gold, Silver and Crude Oil with the latest price forecast and predictions:  

 

 

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