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Gold steady as China-US trade tensions escalate


Wednesday, 4 April 2018 08:36 WIB

GOLDEMAS Spot EmasEmas berjangka


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Gold prices were steady in early Asian trade on Wednesday as the dollar eased amid escalating trade tensions between the United States and China.

Spot gold was unchanged at $1,332.55 per ounce as of 00:41 GMT, after falling 0.6 percent in the previous session.

U.S. gold futures eased 0.1 percent to $1,336.30 an ounce.

The dollar index, which measures the greenback against six other major currencies, was down 0.1 percent at 90.140.

The Trump administration on Tuesday raised the stakes in a growing trade showdown with China, announcing 25 percent tariffs on some 1,300 industrial technology, transport and medical products to try to force changes in Beijing's intellectual property practices.

Source: CNBC


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