Gold and silver futures regained positive ground Wednesday, inversely tracking weaker trade for stocks and other so-called risk-on markets.
Gold for June delivery on Comex GCM19, +0.43% rose $4.80, or 0.4%, to $1,281.90 an ounce, while July silver SIN19, +0.80% gained 12 cents, or 0.82%, to $14.440 an ounce, crawling up from the settlement Tuesday at $14.345 — a fresh low for 2019.
Gold has turned lower by 0.6% month to date. Silver, tagged with both investing and industrial use, has exhibited greater volatility around the U.S.-China trade discussions; it added 1.2% for last week, though its monthly drop so far stands at about 4.4%.
