Weekly Metals Wrap

From orbex.com

With the US Dollar having weakened over the course of the week, gold prices were able to post a small recovery, rallying up off last week’s lows to close green on the week. Gauging the USD reaction to the latest trade war headlines has become increasingly difficult over recent weeks. USD had been gaining actively over past months as the market viewed it as being the ultimate winner in the US trade dispute with China. However, the recent news that the US and China are due to restart negotiations put downward pressure on the currency which has remained despite the trade war escalating once again as the US applies a ... (full story)