Gold Prices Drop Ahead of Fed Decision as U.S.-China Trade Tension Eases
Wednesday, 19 June 2019 19:20 WIB | PRECIOUS METALS |GOLDEMAS

With markets on hold ahead of the Federal Reserve™s policy decision, gold prices dropped on Wednesday on further signs of easing tension in the Sino-U.S. trade dispute.

Gold futures for August delivery on the Comex division of the New York Mercantile Exchange, fell $3.85, or 0.3%, at $1,346.85 a troy ounce by 7:07 AM ET (11:07 GMT).

U.S. President Donald Trump had tweeted on Tuesday that he had a œvery good telephone conversation with President Xi and said trade negotiators from both sides would meet ahead of an œextended meeting between the two leaders at the G20 summit next week.

Source : Investing.com

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