Skip to main content

Gold Prices Gain on Dollar Weakness, Trade Threat


Gold prices gained on Monday on a softer a dollar and threat of a full-blown trade war after US tariffs on $US34 billion worth of Chinese goods took effect on Friday, while China's commerce ministry retaliated with 25 per cent tariffs on $US34 billion worth of US imports.
www.mcxgoldstar.com
8859917191
9719002865

Comments

Popular posts from this blog

Gold Prices Rise As All Eyes Turn To Powell

Gold prices edged up on Monday, rebounding from the worst week in more than two months. Federal Reserve’s new chair Jerome Powell would be giving his first speech at the Congress on Tuesday, as investors look for potential clues of future pace of U.S. monetary policies www.mcxgoldstar.com 7830278303

Gold Prices Slip, Pull Away From 2-1/2 Week Highs

Gold prices slipped on Thursday, pulling away from the previous session's two-and-a-half week highs posted after mixed U.S. economic reports dampened expectations for a more aggressive rate hike policy by the Federal Reserve. www.mcxgoldstar.com 7830278303

Gold Prices Mildly Supported Ahead of Powell Testimony

Gold prices remained mildly supported on Tuesday, as sentiment on the greenback was vulnerable ahead of Federal Reserve Chairman Jerome Powell's first congressional testimony scheduled later in the week. www.mcxgoldstar.com 7830278303