WWW.ADVANCETRADING.CO

Keep In Touch With@

For More News updates

Call Us 9193068022 , 9193067812

    (Gold Prices Slightly Higher as Dollar Weakens Following Latest Trade News)

Gold prices were under pressure since beginning of the year and fell 12% since April amid rising interest rates and intensifying U.S.-China trade dispute.

“For the short and medium-term, gold is likely to trade range bound between $1,190-$1,210. There is some physical demand in Shanghai and Hong Kong,” said Peter Fung, head of dealing at Wing Fung Precious Metals in Hong Kong.