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