Gold slips to five-week low on trade deal hopes
Gold bullion is displayed at Hatton Garden Metals precious metal dealers in London, Britain. Picture: REUTERS / NEIL HALL
“Increasing risk appetite is clearly a little negative for gold,” Julius Baer analyst Carsten Menke said. A source briefed on negotiations said the two countries were likely to reach a deal, rolling back US tariffs on at least $200m worth Chinese goods.
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