Monday 11 November 2019

Gold Prices Edged Higher As Uncertainty Around U.S.-China Trade Deal

Gold trading range for the day is 37286-38070.

Gold prices edged higher as uncertainty around U.S.-China trade deal dented investors' risk appetite.

An agreement between the United States and China to roll back existing tariffs as part of a 'phase one' trade deal faced fierce internal opposition.

US Initial claims for state unemployment benefits decreased 8,000 to a seasonally adjusted 211,000, the Labor Department said.

The Bank of England is growing increasingly concerned about Brexit uncertainty and the global slowdown.

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