-
Gold Edges Higher as Market Weighs Implications of US-UK Deal
Gold edged higher — after a roller-coaster week in which it jumped almost 6% in the first two sessions before retracing much of those gains — as the market digested the new US-UK trade deal. Bullion traded above $3,316 an ounce, and was up more than 2% for the week. The pact gives the US better market access and a faster customs process for exports to Britain, while the UK will see limited relief on autos, steel and aluminum tariffs. However, it fell short of the “full and comprehensive” agreement that President Donald Trump had promised. Trump also said he believed trade talks this weekend with China would ... (full story)