Gold Holds Two-Day Drop as Trump Comments Assessed
Wednesday, 12 June 2019 09:24 WIB | PRECIOUS METALS |GOLDEMAS

Gold held a two-day decline as investors weighed the latest comments by President Donald Trump on trade, with markets anticipating further developments at the Group-of-20 summit later this month.

Trump said he™s holding up a deal with China and he won™t complete the agreement unless Beijing returns to terms negotiated earlier. Separately, the president renewed his attack on the Federal Reserve for high interest rates.

Spot gold +0.2% to $1,329.25/oz at 10:06am in Singapore after -1.1% over previous 2 days.

Source : Bloomberg

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