Monday, 21 May 2018

Gold Slips As U.S. Treasury Secretary Says Trade War With China

Gold prices edged down on Monday as the dollar rose and demand for safe-haven assets eased after U.S. Treasury Secretary Steven Mnuchin said a trade war between China and the United States was "on hold".

Spot gold was down 0.2 percent at $1,289 per ounce at 0325 GMT.

U.S. gold futures for June delivery were 0.2 percent lower at $1,288.20 per ounce.

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