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Gold At Session Highs, Above $1,300, As U.S. Calls Off Summit With North Korea

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Live 24 hours gold chart [Kitco Inc.]

(Kitco News) - Gold prices are solidly higher, have pushed above the key $1,300 level, and are near their daily highs in late-morning trading Thursday. The safe-haven metal added to early gains on news that U.S. President Donald Trump has called off his summit meeting with North Korean President Kim Jong Un. Trump reportedly wrote the North Korean leader a letter stating the meeting on nuclear arms reduction for North Korea is off. That's bullish for safe-haven gold and silver markets. June gold prices were last up $11.00 an ounce at $1,300.00.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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