GOLD LIVE UPDATE BY POWERCOMMODITY.COM

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(Gold Prices Slips Despite Escalating U.S.-China Trade Tensions)

Gold prices inched lower on Tuesday despite reports that the U.S. is slapping 10% tariffs on $200 billion in Chinese goods.

U.S. President Donald Trump said in a statement on Monday that U.S. is slapping 10% tariffs on $200 billion worth of Chinese goods, and that the tariffs would rise to 25% in January 2019.

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