(Bloomberg) — Gold firmed up a foothold above $1,500 an ounce as investors positioned for 2020, with post-Christmas gains coming even as equities inched higher and U.S.-China trade concerns eased. Silver rose along with platinum and palladium in what’s been a banner year for precious metals.Bullion advanced for a fourth day, the best run since October, and headed for the highest close in more than seven weeks. The climb comes amid a focus on whether the Federal Reserve’s rate-cutting pause will hold next year following three reductions in 2019.“Without a dovish Fed pivot, it’s unlikely gold will make explosive gains, …read more
Source:: Yahoo Finance
