Dollar weakness coupled with a risk-off market sentiment have been highly supportive of gold pricing today.

There has been a lot of positive comments coming out of Washington vis-à-vis President Trump this week. According to the president It seems as though negotiations between the United States and China had made substantial headway.

Both gold and silver traded sharply lower, before recovering and closing in positive territory. Gold futures basis the most active June Comex contract traded to an intraday low of $1284.90 before recovering.