After reaching a new high for 2019 yesterday gold prices have retreated as traders and investors take profits and await any news from the upcoming G-20 meeting.

Gold futures once again have traded to a higher high, higher low and higher close than the previous day. As of 4:30 PM EDT the most active August futures contract is currently fixed at $1426.20, which is a net gain of $8.00 on the day.

Gold continues the dynamic rally which is been in play for just about a month, with today’s gains of $24.00 taking the precious yellow metal to $1424.10, a net increase of +1.71%.