Gold slides after US-China trade truce sends investors seeking riskier assets
Increased volatility is likely as two superpowers face a long road before they can reach a deal to end their bitter trade war, with more fights likely
01 July 2019 - 09:11
Gold fell more than 1% on Monday to its lowest in more than a week as the dollar strengthened and investors opted for riskier assets after the US and China agreed to restart trade talks.
Spot gold was down 1.3% at $1,391.29 per ounce as of 4.11am GMT, after falling to as low as $1,389.65, its lowest since June 21...
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