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Gold Moves Sideways as Investors Seek Clarity on Brexit, Trade War


Wednesday, 23 October 2019 12:36 WIB

GOLDEMAS


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Gold prices were steady on Wednesday, as investors awaited more clarity on the Brexit and the U.S.-China trade war, but a rally in the bond markets provided modest support to the bullion.

Spot gold was up 0.1% at $1,489.45 per ounce, as of 04:41 GMT. U.S. gold futures rose 0.3% to $1,492.50 per ounce.

Asian shares and U.S. stock futures took a hit after British lawmakers rejected their government’s proposed timetable for passing legislation to ratify its deal to exit the European Union (EU).

Source : Reuters


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