Gold prices dip on optimism over US-China trade deal
Monday, 18 November 2019 18:48 WIB | PRECIOUS METALS |EMAS

Gold prices edged down on Monday as optimism grew about U.S.-China trade ties following a report of œconstructive talks over the weekend, while losses were capped by a softer dollar.

Spot gold was down about 0.3% to $1,463.40 per ounce at 0732 GMT, while U.S. gold futures were 0.4% lower at $1,462.90.

Chinese state media Xinhua reported Washington and Beijing had a high-level phone call on Saturday and that the two sides discussed each other™s core issues for the first phase of an initial trade agreement.

Among other metals, silver was down 0.6% at $16.85 per ounce, while platinum inched down 0.1% to $888.41 per ounce.

Palladium rose 0.7% to $1,716.61 per ounce.

Source: CNBC

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