Wednesday 7 August 2019

Gold Prices Gained As Investors Flocked To Safety After The United States

Gold trading range for the day is 36707-37925.

Gold prices gained as investors flocked to safety after the United States designated Beijing a currency manipulator.

China has retaliated by saying it would take adequate countermeasures to protect the interests of the country and its people.

Indicative of sentiment, holdings of SPDR Gold Trust, rose 0.53% to 835.16 tonnes on Monday from Friday.

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