Tuesday, 25 February 2020
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Gold Prices Rebound After Falling 2%
Wednesday, 6 November 2019 12:40 WIB | PRECIOUS METALS |EMASGOLD

Gold prices rebounded on Wednesday after falling 2% in the previous session as markets embraced risk following the latest trade news.

U.S. Gold Futures inched up 0.2% to $$1,486.95 by 12:30 AM ET (04:30 GMT).

Multiple media reported this week that the U.S. and China are close to signing a partial trade deal after the U.S. administration are reportedly prepared to annul the September increase in tariffs on Chinese imports, which affected over $100 billion worth of annual imports.

On the data front, the U.S. reported better-than-expected ISM non-manufacturing data for October, which eased some fears of global economic slowdown.

Source : Investing.com

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