Gold Steadies Off One-Month Peak on China-US Trade Talk Hopes
Wednesday, 15 May 2019 10:10 WIB |
PRECIOUS METALS |GOLDEMASBullion
Gold steadied on Wednesday after retreating from a one-month peak in the previous session as Washington and Beijing decided to further their discussions on trade, soothing investor concerns around a full-blown trade war.
Spot gold was steady at $1,297.45 per ounce at 0136 GMT.
U.S. gold futures were also steady at $1,298 an ounce.
U.S. President Donald Trump on Tuesday called the trade war with China œa little squabble and insisted talks between the world™s two largest economies had not collapsed, as investors remained on guard for a further escalation of tit-for-tat tariffs.
Sourc e : Reuters
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