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Gold Prices Steady as U.S.-China Trade optimism Sparks Market Cheer


Tuesday, 22 October 2019 13:57 WIB

GOLDEMAS


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Gold was largely muted on Tuesday, weighed down by buoyant Asian shares that cheered progress in trade talks between the United States and China, but found support from a lack of clarity in the negotiation details.

Spot gold was largely unchanged at $1,484.86 per ounce as of 06:32 GMT. U.S. gold futures also held firm at $1,487.80.

China and the United States have achieved some progress in their trade talks, Chinese Vice Foreign Minister Le Yucheng said on Tuesday, adding that as long as both sides respected each other, no problem could not be resolved.

Source : Reuters


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