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Metals Stocks: Gold on pace for 6-session skid as traders await central-bank moves

March 7, 2017

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Gold futures on Tuesday were little-changed in early trade, as the metal threatened to log its longest string of losses since early November.

April gold was off $1, or less than 0.1%, at $1,225.50 an ounce, after ending Monday in negative territory amid uncertainty surrounding geopolitical risks, highlighted by ballistic-missile tests by North Korea and uncertainty surrounding France’s coming presidential election. Tuesday’s trade puts gold prices on track to mark their longest period of losses, at six sessions, since Nov. 4, according to FactSet data.

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