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[size=30]Gold expands gains and wins $ 15 with trade differences[/size]
23/03/2018 12:06 | Number of readings: 86
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[rtl]Trend Press / Agencies[/rtl]
[rtl]The price of gold rose on Friday, earning more than $ 15, coinciding with the decline of the dollar due to trade differences between China and the United States .[/rtl]
[rtl]By 0725 GMT, the price of gold futures for delivery in May rose 1.1% to 1348.1 dollars an ounce, winning $ 15.40 .[/rtl]
[rtl]The spot delivery price of the yellow metal increased at $ 1342.6 an ounce by 1.02%, gaining $ 13.26 .[/rtl]
[rtl]In yesterday's session, the metal was up $ 5.90 or 0.5% at $ 1327.40 an ounce .[/rtl]
[rtl]Trump's signing of customs tariffs on Chinese imports worth $ 50 billion yesterday triggered widespread market volatility as stock markets plunged sharply and the dollar fell, and trading turned to safe haven assets .[/rtl]
[rtl]China's tariff proposal, along with fears of further escalation, deepened China's tariff proposal with 128 US products. Beijing said that US trade actions have severely damaged the multilateral trading system, upset the international trading system and urged Washington to resolve trade problems with them to avoid damaging bilateral relations .[/rtl]
[rtl]Later in the day, US Durable Goods data is due to be released.[/rtl]
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