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Gold Holds Near Two-Week Low as Trade War Aids Dollar
Tuesday, 21 May 2019 10:16 WIB | PRECIOUS METALS |GOLDEMAS

Gold held near a two-week low as the latest twists in the U.S.-China trade war fanned support for the dollar, with Beijing's ambassador to the European Union warning of the potential for retaliation after President Donald Trump blacklisted Huawei Technologies Co.

Spot gold -0.1% at $1,276.36/oz at 10:36am in Singapore. Price dropped to $1,273.71 on Monday, the lowest intraday level since May 3. Bloomberg Dollar Spot Index +0.1%.

Other precious metals: Spot silver -0.2%. Platinum -0.2%, heading for lowest close since Feb. 18. Palladium little changed.

Source: Bloomberg

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