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Gold Steadies Amid U.S.-China Tensions, WHO's Warning

Tuesday, 14 July 2020 09:31 WIB GOLD EMAS

Spot gold was steady as investors weighed fresh tensions between the U.S. and China, this time over territorial claims, and the economic damage caused by the pandemic. The Trump administration rejected China’s expansive maritime claims in the South China Sea, reversing a previous policy of not taking sides in such disputes and escalating tensions with Beijing on yet another front. Spot bullion -0.2% to $1798.54/oz at 9:49 a.m. in Singapore. Silver -0.2% after +1.9% on Monday to close at the highest since Sept. 2019. Bloomberg Dollar Spot Index trades steady. Source: Bloomberg

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