Optimism about trade talks and uptick in dollar weigh gold down
Though the deal was short on detail, it is probably enough to support risk, which will be negative for bullion, analyst says
14 October 2019 - 07:54
Bengaluru — Gold prices eased on Monday, extending falls for a third session as optimism surrounding US-China trade talks increased risk appetite, while a slight uptick in dollar also weighed on prices.
Spot gold dropped 0.2% to $1,485.86 per ounce as of 5.30am, having shed 1% in the previous week. Prices were set to decline for three consecutive daily sessions...
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