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Gold price weakens further below $3,300 mark amid easing trade tensions
Gold price (XAU/USD) attracts some follow-through sellers for the third successive day on Friday and weakens further below the $3,300 mark during the Asian session. The US-UK trade deal raised hopes for more such deals with other countries and added to the latest optimism led by the announcement of US-China tariff negotiations. This remains supportive of a generally positive tone around the equity markets and is seen as a key factor undermining the safe-haven commodity. Meanwhile, the Federal Reserve's (Fed) hawkish pause lifts the US Dollar (USD) to a four-week top and further weighs on the non-yielding yellow ... (full story)
