Gold weakened at the start of the Asian session on Tuesday (20/5). Currently, the price of Gold fell slightly as demand for safe assets from Moody's downgrade for the US faded, and attention returned to easing trade tensions between the two largest economies.
The precious metal strengthened at the start of the year as President Donald Trump's aggressive trade policies rattled global markets, but its gains have reversed in May as he stopped or withdrew many of his tariff threats. However, gold is still up more than a fifth this year, and is unlikely to experience a sharp decline due to the uncertainty that Trump has injected into the global economy.
Source: Newsmaker.id -ayu
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