#GoldSilvertips
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Gold falls to 5-week low as trade deal boost risk sentiment
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Gold made a five-week low on the back of optimism in connection with a possible trade deal between the U.S. and China, on Monday. If the trade deal successful, it would lead to a roll back of US tariffs on at least 200 billion-dollar worth of Chinese goods and possibly end the dispute between the US and China.. Spot gold fell 0.7% to USD1284.10-per ounce in early trade, having touched USD1284.50, its lowest since January 25.  US gold futures were down over 1% at USD1286.70 an ounce.  The yellow metal slipped below the significant level of USD1,300 on Friday. Among other expensive metals, palladium declined 0.4% to USD1,539.65-per ounce. Spot silver gained 0.4% to USD15.13, while platinum was 0.5% higher at USD838.77-per ounce. Among other expensive metals, palladium declined 0.4% to USD1,539.65-per ounce. Spot silver gained 0.4% to USD15.13, while platinum was 0.5% higher at USD838.77-per ounce. Elite Research and Investment Advisory provide uniquely designed Nifty future and options trading advice for traders Read the full article
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goldoperator-blog · 7 years ago
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