Gold recovers as investors look for safety amid US-China trade tension
Spot gold and futures climb while gold bulls are upbeat of an interest rate cut by the US Federal Reserve
12 June 2019 - 11:10
Gold prices rose on Wednesday after hitting a one-week low in the previous session, as worries over the US-China trade war flared up, curbing risk appetite and increasing the appeal of safe-haven bullion.
Spot gold rose 0.5% to $1,333.06 by 3.28am GMT, after falling to its lowest since June 3 at $1,319.35 in the previous session...
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