-
Gold Selling Continues On Trump/China Trade Hopes
Gold prices have come under fresh selling pressure on Monday amidst a better tone to risk appetite at the start of the week. Talks between US and Chinese officials this weekend went well with the two sides agreeing on a framework for a trade deal ahead of a confirmed meeting between Trump and Xi this week. Optimism that the two leaders can deliver the deal this week, which includes provisions on rare earths access for the US and a fresh tariff suspension, is seeing risk assets rallying this morning, reducing safe safe-haven demand for gold. Trump and Xi are due to meet on Thursday on the side-lines of the ASEAN ... (full story)