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Trade Jitters Boosting Gold & Silver

From orbex.com

Gold The yellow metal has been able to post a small recovery this week on the back of a softening in risk appetite. This has seen equities markets retracing from recent highs. Traders were a little dismayed earlier in the week as Trump’s speech at the Economic Club of New York failed to offer any new insights into ongoing US-China trade talks. There has been speculation that the two sides will agree on a deal at the APEC meeting in Chile this weekend. However, Trump commented only to say that his team was working hard. He gave no indication as to whether a deal would be signed in the coming days. For now, ... (full story)

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  • Category: Technical Analysis