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Gold Declines as China Invites US Officials For Talks, Lifts Market Sentiment


Thursday, 21 November 2019 19:59 WIB

GOLDEMAS


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Gold prices on Thursday eased from the last session’s two-week high after a report that China has invited top U.S. negotiators for a new round of face-to-face talks, and is seeking to reach an initial trade agreement with the United States.

Spot gold declined by 0.2% to $1,468.09 per ounce. Prices had notched a two-week high of $1,478.80 in the previous session, before turning negative, after the U.S. passed a bill supporting Hong Kong anti-government protesters. U.S. gold futures were flat at $1,473.70 per ounce.

China will strive to reach an initial trade agreement with the United States as both sides keep communication channels open, the Chinese commerce ministry said on Thursday.

Source : VOA


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