Gold prices stabilized against the backdrop of trade tensions between the US and China

On Monday, gold prices stayed near the low of five and a half months amid growing trade tensions between the US and China, finversia.ru wrote. The price of gold at 14:27 Moscow time was 1 thousand 280 dollars 19 cents per troy ounce against 1 thousand 279 dollars per ounce at the closure of trading on Friday. Prices for August gold futures in the US rose by 4.5 dollars to 1 thousand 283 dollars per ounce. The dollar reached the highest level since November to the basket of major currencies. On Friday, gold fell 1.8%, noting the largest one-day drop since November 2016 after Washington decided to impose customs duties on the import of Chinese goods worth a total of $50 billion.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong
Message: