Gloom over US-China trade talks leaves gold stronger
A report that British Prime Minister Boris Johnson is facing a new rebellion in his cabinet is also helping the gold price
09 October 2019 - 08:01
Bengaluru — Gold prices held firm on Wednesday as sagging hopes for progress in US-China trade negotiations sapped risk appetite, with markets watching closely for clues on monetary easing by the US Federal Reserve.
Spot gold was little changed at $1,505.46/oz as of 3.59am GMT, but stood its ground above $1,500 after jumping as much as 1% in the previous session...
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