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Gold Steady Amid U.S.-China Tension Before Fed Minutes


Wednesday, 20 November 2019 09:56 WIB

GOLDEMAS Spot EmasSILVER


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Gold was steady as investors weighed latest developments on the trade front ahead of the release of minutes from the last Federal Reserve meeting later Wednesday.

The U.S. Senate unanimously passed a bill Tuesday aimed at supporting protesters in Hong Kong and warning China against a violent suppression of the demonstrations, drawing a rebuke from authorities in Beijing and potentially complicating trade talks between the two countries. China on Wednesday reiterated a threat to impose unspecified retaliation if the bill becomes law and urged the U.S. to stop meddling in Hong Kong's affairs.

Spot gold +0.1% to $1,474.23/oz at 9:36am in Singapore. Spot silver steady to $17.1457/oz. Palladium -0.1% to $1,762.97/oz.

Source : Bloomberg


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