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Gold Slides as Trade War Fears Ease And Stocks Climb


Thursday, 5 April 2018 17:40 WIB

GOLDEMASBullion


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Gold drops as concern ebbs over a full-blown trade war between U.S. and China after both countries indicate they’re willing to talk.

Bullion for immediate delivery -0.4% to $1,327.28/oz. Price as much as +1.2% on Wednesday after China announced plans for $50 billion in retaliatory tariffs on U.S. goods. Price ended flat.

Other prices, Silver -0.4% at $16.2455/oz, lower for 3rd day, Platinum -0.6% at $911.67/oz, also 3rd day of declines and Palladium little changed at $930.04/oz.

Source : Bloomberg


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