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Gold Steadies as China 'Cautiously Optimistic' on Deal
Thursday, 21 November 2019 16:09 WIB | PRECIOUS METALS |GOLDEMAS

Gold erased gains to trade little changed after China™s chief negotiator Liu He said he was œcautiously optimistic about reaching a phase one trade deal with the U.S.

Spot gold little changed at $1,471.02/oz at 7:33am in London; earlier as much as +0.3% and -0.2%. Bloomberg Dollar Spot Index steady.

This comes amid expectations that President Donald Trump will likely signlegislation passed by Congress supporting Hong Kong protesters, setting up a potential confrontation with China, which has threatened to retaliate.

Source : Bloomberg

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