Volatile Week For Metals

From orbex.com

It’s been a volatile week for gold prices with strong moves in both directions. Prices traded up to just shy of last week’s multi-year highs, before closing back near the middle of the week’s range. Gold prices were initially heavily lower on the week as the market reacted to the Trump-Xi meeting at the G20 summit over the weekend. The two leaders agreed to re-start the trade talks which broke down in May when Trump unexpectedly announced a tariff increase from 10% to 25% on $200 billion of Chinese goods. Alongside the decision to recommit to negotiations, Trump also said that he would not be tariffing the ... (full story)