Gold futures down for the session, but post a slight gain for the week

October 19, 2019

London (Oct 19)   Gold futures settled lower on Friday, but posted a modest 0.4% gain for the week. "Gold appears to be in 'no man's land'," said Edward Moya, senior market analyst at Oanda. "The trade war is the gift that keeps on giving, but uncertainty on how much the [Federal Reserve] will fill the punchbowl has gold stuck in a range" of between $1,470 and $1,530 until the Oct. 30 Fed meeting, he said. December gold GCZ19, -0.05% fell $4.20, or 0.3%, to settle at $1,494.10 an ounce.


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