Thursday, 13 June 2019

Gold Prices Rose As Worries Over U.S.-China Trade War Flared Up

Gold trading range for the day is 32582-32930.

Gold prices rose as worries over U.S.-China trade war flared up, curbing risk appetite and increasing the appeal of safe-haven bullion.

Prices seen supported as both warring factions in the Sino-U.S. trade tussle engaged in another round of heated exchanges.

Trump also emphasised that he was holding up a trade deal with China and had no interest in moving ahead unless Beijing agrees again to four or five "major points."

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