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Gold Flat In Ho-hum Reaction To Summit

Gold futures continued to cling to the $1300/ox mark Tuesday morning as traders assessed the historic US-North Korea meeting.

Though short on details, a summary of the Trump-Kim summit includes a committment from North Korea to pursue denuclearization.on the Korean peninsula.

"The United States and the DPRK commit to establish new US-DPRK relations in accordance with the desire of the peoples of the two countries for peace and prosperity," according to a docusment released by the White House.

Gold was down $1 at $1301 an ounce, having seen little movement over the past few weeks.

The Federal Reserve is expected to raise interest rates on Wednesday.

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