Tuesday, 27 August 2019

Gold Prices Jumped To Life Time High As Investors Flocked

Gold trading range for the day is 38449-39529.

Gold prices jumped to life time high as investors flocked to safe haven assets driven by the heightened U.S.-China trade dispute.

Washington announced an additional 5& duty on $550 billion in targeted Chinese goods, hours after China had unveiled retaliatory tariffs on $75 billion worth of U.S. products.

U.S. President Donald Trump said China had contacted Washington overnight to say it wanted to return to the negotiating table.

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