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Gold Steadies Off One-Month Peak on China-US Trade Talk Hopes


Wednesday, 15 May 2019 10:10 WIB

GOLDEMASBullion


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Gold steadied on Wednesday after retreating from a one-month peak in the previous session as Washington and Beijing decided to further their discussions on trade, soothing investor concerns around a full-blown trade war.

Spot gold was steady at $1,297.45 per ounce at 0136 GMT.

U.S. gold futures were also steady at $1,298 an ounce.

U.S. President Donald Trump on Tuesday called the trade war with China “a little squabble” and insisted talks between the world’s two largest economies had not collapsed, as investors remained on guard for a further escalation of tit-for-tat tariffs.

Sourc e : Reuters


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