Bullion prices ended higher at Comex on Monday, 11 June 2018. Gold futures finished with a modest gain on Monday, holding to a tight trading range, with an overall a wait-and-see mood taking hold ahead of the much-touted meeting over North Korea's denuclearization and a bevy of major central bank gatherings in the coming week.
August gold tacked on 50 cents to settle at $1,303.20 an ounce, holding between a low of $1,297.80 and high of $1,307. The metal had managed a small weekly return of about 0.3% last week after challenging the closely watched $1,300 line.
July silver settled up 1.3% at $16.952 an ounce.
The ICE U.S. Dollar Index, a measure of the dollar against a half-dozen major currencies, traded less than 0.1% higher. It has climbed by nearly 4% so far this quarter, helping to put pressure on dollar-denominated gold prices.
Meanwhile, global trade issues remained in the fore, though fresh direct market impact was so far limited, after weekend tensions between Trump and Canadian Prime Minister Justin Trudeau, with Trump withdrawing his support for the Group of Seven communique after Trudeau criticized U.S. tariffs on Canadian metals.
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