-
Gold price jumps back above $3,400 amid reviving safe-haven demand
Gold price (XAU/USD) attracts some dip-buying during the Asian session on Thursday and rallies back above the $3,400 mark in the last hour, reversing a major part of the overnight slide from a two-week high. US President Donald Trump tempered hopes for a quick resolution to the US-China trade war by saying that he is in no real hurry to sign any deals. This, along with geopolitical risks stemming from the Russia-Ukraine war, conflicts in the Middle East, and a dangerous military confrontation on the India-Pakistan border, underpin the safe-haven bullion. Meanwhile, the initial market reaction to the Federal Reserve's ... (full story)
