Weekly Metals Wrap

From orbex.com

Gold Gold prices were higher this week, taking their cues from a weaker US Dollar which softened in response to weaker than expected economic data along with the prospect of negotiation between the US and China over the ongoing trade dispute. The latest US inflation data for August came in below expectations at 2.7% vs 2.9% on the headline reading with core also down putting the Fed’s remaining two rate hikes for this year into question. Amidst the ongoing trade dispute between the US and China, the market was given a sign of hope this week as Washington officially invited Beijing to recommence trade negotiations. ... (full story)