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Gold Prices Gain Amid Hong Kong Political Unrest, Sino-U.S. Trade Worries


Tuesday, 13 August 2019 13:00 WIB

GOLDEMAS


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Gold prices gained on Tuesday in Asia amid continuing political unrest in Hong Kong and uncertainties surrounding the Sino-U.S. trade war.

Gold futures were up 0.6% to $1,527.05 by 1:25 AM ET (05:25 GMT).

Political unrest in Hong Kong which saw the city's airport cancelled all flights on Monday and Sino-U.S. trade concerns sent Asian stocks lower today and provided support to the safe-haven gold.

In a conference on Monday, Beijing said that the ongoing protests are at a "critical juncture" and the violence needs to stop, while protestors also held a press conference on the same day, blaming police for using excessive force as they fired tear gas and bean bag pellets at close range.

Source : Investing.com


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