Gold Holds Decline Amid Signs of Trade Talk Progress
Monday, 14 October 2019 13:35 WIB | PRECIOUS METALS |SILVER Spot EmasEMASGOLD

Gold held a drop as investors weighed signs of progress in U.S.-China trade negotiations, though sentiment was capped amid some skepticism about the accord.

The U.S. and China agreed on the outlines of a partial trade accord Friday that President Donald Trump said he and his counterpart Xi Jinping could sign as soon as next month. The official Chinese response to the œphase one trade deal was wary but welcoming.

Spot gold -0.2% to $1,486.50/oz at 12:34pm in Singapore; -1% last week.

Spot silver +0.2% to $17.5726/oz. Palladium little changed at $1,700.45/oz, after reaching record $1,707.51 on Friday.

Source : Bloomberg

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