Gold Stalls After Climbing to 3-Week High
The price of gold edged lower after reaching a three-week peak on Monday. Investors have their attention focused on economic data expected from the U.S., and trade talks between the U.S. and its partners. Meanwhile, silver soared to a level that was last reached back in 2011. Gold futures in the U.S. slid 0.1% to close at $3,359 while spot gold also eased by 0.1% to reach $3,350. Earlier, bullion had scaled to its highest level in three weeks. One reason for the price of gold taking its foot off the pedal is the rally of the U.S. dollar, which…