PRECIOUS-Gold steady as investors await fresh move in U.S.-China trade spat
April 9 (Reuters) – Gold prices were little changed on Monday as investors awaited fresh developments on the simmering trade spat between the United States and China.
Spot gold XAU= was almost unchanged at $1,332.46 an ounce as of 0330 GMT. Prices hit a more than two-week low of $1,321.16 an ounce on Friday before closing 0.5 percent higher.
U.S. gold futures GCcv1 were unchanged at $1,335.80 an ounce.
“We’ve had certain comments from the U.S. about trade conflict over the last week and the weekend. The market is being dismissive about those issues until they see any real impact on the ground,” said ANZ analyst Daniel Hynes.
U.S. President Donald Trump predicted on Sunday that China would take down its trade barriers, expressing optimism despite escalating trade tensions between the world’s two largest economies that have roiled global markets in the past week. late on Thursday threatened to slap $100 billion more in tariffs on Chinese imports, while Beijing said it was fully prepared to respond with a “fierce counter strike”.
100% ACCURATE SURE SHOT CALL & ONE DAY FREE TRAIL contact:
8006707020,
any quiry 8006707020 www.foxcommodities.co,
fox commodites 100% best inventory calls,
fox commodites 100% best sure shot crude calls,
fox commodites 100% bullions calls,
fox commodites 100% energy calls,
fox commodites 100% sure shot basematel calls,
fox commodites 100% sure shot calls,
fox commodites 100% sure shot natural gas calls,
fox commodites 100% sure shot silver calls,
fox commodities 100% recover your loss,
fox commodities 100% sure shot gold calls,
fox commodities 100%sure shot client support,
fox commodities Full support no 7409740444,
fox commodities mcx analysis 8006707020,
fox commodities sure shot night support,
fox commodities sure shot one day demo,
No.1 mcx advisory company,
contact: 8006707020