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Gold Holds Advance Amid Growth Concerns, Trade Talks
Wednesday, 23 January 2019 17:04 WIB | PRECIOUS METALS |GOLDEMASEmas berjangka

Gold held a gain as investors weighed the outlook for global growth amid doubts about the prospects for progress in U.S.-China trade talks.

The global economy is stumbling but not falling over: that™s the analysis of investors and former policy makers at the World Economic Forum in Davos as they argue the expansion is weakening but not by enough to cause a recession.

Spot gold steady at $1,285/oz after gaining 0.4% Tuesday. Bloomberg Dollar Spot Index edged 0.1% percent down.

Larry Kudlow, Donald Trump's top economic adviser, said the scopeof U.S. trade talks with Beijing is broader than before but a final outcome depends on verification of Chinese commitments.

Source: Bloomberg

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