Gold Steadies as Dollar Dips, Traders Await Trade Deal Fineprint
Monday, 16 December 2019 19:02 WIB | PRECIOUS METALS |EMASGOLD

Gold steadied on Monday as the dollar weakened and investors sought more clarity on the œphase one trade deal between the United States and China.

Spot gold was little changed at $1,475.50 per ounce by 08:21 GMT after prices came under some early pressure in the Asian session on initial optimism over the trade deal. U.S. gold futures fell 0.1% to $1,480.10.

Despite some signs of caution, equities remained in positive territory, limiting bullion™s advance, after the world™s top two economies announced the œphase one agreement and suspended some tariffs on each other™s goods that were due to go into effect on Sunday.

Source : CNBC

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