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Gold drops on positive sentiments of U.S China Trade deal

Published On 13 Jan 2020 10:48 AM


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On Monday, as market sentiments expect positive trade deal between U.S and China, gold prices have dropped. Although the trade deal has lifted dollar rates.  

Spot gold fell by 0.4% to $1,555.76 per ounce. U.S. gold futures dropped 0.2% at $1,556.30.

On Wednesday, a trade agreement between U.S and China is due to be signed at the White House although negotiations on a phase two deal could go on for months. &n....


Tags : gold, commodity, rate, drop, safe haven asset,
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