Epic Research

Wednesday, May 15, 2019

Gold steadies off 1-month peak on Sino-US trade talk hopes

Spot gold was steady at $1,297.45 per ounce at 0136 GMT.

Gold steadied on Wednesday after retreating from a one-month peak in the previous session as Washington and Beijing decided to further their discussions on trade, soothing investor concerns around a full-blown trade war.

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