Gold Gains Ground on Concerns Over US-China Trade
Wednesday, 15 January 2020 20:21 WIB | PRECIOUS METALS |EMASGOLD

Gold prices on Wednesday rose from an over one-week low hit in the last session on renewed worries about the U.S.-China trade relations ahead of the signing of an initial deal.

Just a day before the signing an interim trade deal, U.S. Treasury Secretary Steven Mnuchin on Tuesday said tariffs on Chinese goods will be in place until the completion of a Phase 2 agreement.

Spot gold rose 0.3% to $1,551.40 per ounce, having slipped to a more than one week low of $1,535.63 in the previous session. U.S. gold futures gained 0.5% to $1,552.20.

Source : Reuters

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