Gold fell as the dollar rebounded after President Donald Trump said Monday the U.S. isn't ready to make a trade deal with China.
American tariffs on Chinese goods “could go up very, very substantially, very easily,” Trump said during a state visit to Japan. His comments came after trade talks between the two countries stalled earlier this month. With each side blaming the other, and Trump threatening billions more in tariffs, the uncertainty is clouding the outlook for global growth.
Spot gold -0.1% to $1,284.30/oz at 9:20am in Singapore, meanwhile Spot silver -0.2%, Platinum +0.6%, Palladium steady.
Source : Bloomberg