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[rtl]Date: 2019/12/5 10:37 • 33 times read[/rtl]
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Gold prices rose on Thursday, as conflicting signals from Washington and Beijing caused continued uncertainty over a trade deal, a day after US President Donald Trump's remarks pushed the yellow metal to a one-month high.
Gold rose to a one-month high of $ 1484 on Wednesday, but fell on settlement after Trump said trade talks with China were proceeding "very well".
This comes a day after Trump discouraged hopes of a trade settlement when he said a trade deal could wait until after the US presidential election in November 2020.
Gold in spot trade rose 0.2% to $ 1,477.69 an ounce on Thursday, and contracts rose. US Gold Futures 0.2% to $ 1483 an ounce.
The dollar index continued its losses and fell 0.1%, reducing the cost of gold to investors of holders of other currencies.
But the yellow metal's gains were limited as stocks rose after Trump's positive comments on trade.
For other precious metals, palladium rose 0.1% to $ 1871.17 an ounce, settling near a record peak of $ 1873.50.
Silver rose 0.6% to $ 16.93, while platinum rose 0.7% to $ 901 an ounce. is over
https://alforatnews.com/modules/news/article.php?storyid=221529
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Postponement of the US-China settlement raises the price of gold
[/rtl][rtl]Date: 2019/12/5 10:37 • 33 times read[/rtl]
Gold prices rose on Thursday, as conflicting signals from Washington and Beijing caused continued uncertainty over a trade deal, a day after US President Donald Trump's remarks pushed the yellow metal to a one-month high.
Gold rose to a one-month high of $ 1484 on Wednesday, but fell on settlement after Trump said trade talks with China were proceeding "very well".
This comes a day after Trump discouraged hopes of a trade settlement when he said a trade deal could wait until after the US presidential election in November 2020.
Gold in spot trade rose 0.2% to $ 1,477.69 an ounce on Thursday, and contracts rose. US Gold Futures 0.2% to $ 1483 an ounce.
The dollar index continued its losses and fell 0.1%, reducing the cost of gold to investors of holders of other currencies.
But the yellow metal's gains were limited as stocks rose after Trump's positive comments on trade.
For other precious metals, palladium rose 0.1% to $ 1871.17 an ounce, settling near a record peak of $ 1873.50.
Silver rose 0.6% to $ 16.93, while platinum rose 0.7% to $ 901 an ounce. is over
https://alforatnews.com/modules/news/article.php?storyid=221529
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