Gold slips amid hope of a trade deal
Optimism is sending global equities higher, and capital is fleeing away from safe havens into risk assets, analyst says
25 November 2019 - 07:38
Bengaluru — Gold prices edged down to a one-week low on Monday after the US and China expressed willingness to sign an initial trade deal by the year-end, lifting demand for riskier assets and boosting the dollar.
Spot gold was down 0.1% to $1,461.24 per ounce by 5.35am, having fallen to its lowest since November 18 earlier in the session. US gold futures were down 0.2% to $1,461...
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