Gold prices continue to struggle for their highest levels, during the Asian trading session reaching $ 3353 for the first time on Thursday (4/17), as Federal Reserve Chairman Jerome Powell's warning about the impact of the trade war sparked volatility on Wall Street, leading to sharp declines in stocks and the dollar.
Meanwhile, the Trump administration is preparing to pressure countries to curb trade with China in US tariff negotiations. Both of these things create sentiment for market players to seek safe haven assets, Gold being the main choice.
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