Live News Update
Gold prices fall amid U.S.-China trade war fears
SendGold prices edged down on Wednesday as the yuan weakened amid fears the Sino-U.S. trade war could escalate, making the metal more expensive for buyers from the world’s No.2 economy.
Bullion also faced strong technical resistance after it failed to break above the key $1,200 per ounce level on Tuesday.
Spot gold XAU= was down 0.3 percent at $1,194.41 an ounce at 0650 GMT, after hitting its lowest since Aug. 24 at $1,187.21 on Tuesday.
U.S. gold futures were down 0.3 percent at $1,198.90 an ounce.
For More Information Contact Us -9719026661
Best Accuracy For Royal Traders