Gold prices erased early gains to trade lower on Tuesday after Chinese President Xi Jinping promised to lower import tariffs on certain products, helping soothe fears over an escalating trade row with the United States.
Gold prices rose on Monday as the US dollar turned lower, but caution over the prospect of a potential escalation in the China-US trade dispute, upcoming US data and US Federal Reserve meeting minutes kept prices in a range.
Gold prices settled higher Monday, for a second session in a row as tensions between the U.S. and Russia raised the metal's investment appeal despite strength in the U.S. stock market. "Geopolitical tensions have shifted into another gear" after...
Gold surged in value throughout Friday's trading session while stocks were hard hit. Should this trend continue, it will serve as an ultimate test for stocks, according to Piper Jaffray.
Piper Jaffray chief market technician...
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