Wednesday, 11 December 2019
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Gold Gains as Souring US-China Relations Dent Risk Appetite
Wednesday, 20 November 2019 19:23 WIB | PRECIOUS METALS |EMASGOLD

Gold prices rose to their highest in nearly two weeks on Wednesday as U.S. Senate measures on Hong Kong posed a potential roadblock for a trade deal between the United States and China, denting appeal for riskier assets.

Spot gold was up 0.3% at $1,476.50 an ounce and U.S. gold futures rose 0.2% to $1,477.

The U.S. Senate passed two bills backing human rights in Hong Kong and banning export of certain munitions to the region™s police forces. China condemned the move and called for Washington to stop meddling in its internal affairs.

Source : Reuters

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