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Gold Edges Higher After Monday Trade Roller-Coaster


Tuesday, 27 August 2019 16:17 WIB

GOLDEMAS


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Gold climbed following a roller-coaster ride on Monday as investors weigh the state-of-play in the trade war, including the possibility of more tariffs within days.

President Donald Trump left the G-7 summit taking a softer tone toward Beijing just days after spooking financial markets with another escalation in their drawn-out trade war. Still, Trump also made it clear that he wasn’t abandoning his rough-and-tumble tactics to force a trade agreement on Asia’s top economy.

Spot gold +0.3% at $1,531.45/oz at 9:48am in London.

Source : Bloomberg


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