Gold steady as China-US trade tensions escalate
Wednesday, 4 April 2018 08:36 WIB | PRECIOUS METALS |GOLDEMAS Spot EmasEmas berjangka

Gold prices were steady in early Asian trade on Wednesday as the dollar eased amid escalating trade tensions between the United States and China.

Spot gold was unchanged at $1,332.55 per ounce as of 00:41 GMT, after falling 0.6 percent in the previous session.

U.S. gold futures eased 0.1 percent to $1,336.30 an ounce.

The dollar index, which measures the greenback against six other major currencies, was down 0.1 percent at 90.140.

The Trump administration on Tuesday raised the stakes in a growing trade showdown with China, announcing 25 percent tariffs on some 1,300 industrial technology, transport and medical products to try to force changes in Beijing's intellectual property practices.

Source: CNBC

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