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Gold Price Gains, Dollar Weakens Amid Positive Trade Headlines

Gold future price gained while the U.S. dollar slipped on Monday in Asia amid more positive trade headlines that came out during the weekend.

Both the U.S. and China reported progress in trade negotiations last week, although President Donald Trump said Friday that the talks were “very complicated”.

In futures trading, gold’s benchmark April contract on the Comex division of the New York Mercantile Exchange was up 0.3% at $1,326.35 per ounce by 1:40 AM ET (06:40 GMT).

 

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