Gold ends lower despite weak dollar

2019-12-02 21:51:28 GMT (Economies.com)
Gold ends lower despite weak dollar

Gold prices fell on the first session of December,, despite a drop in the US dollar and renewed trade concerns over the US-China trade talks.

 

US President Donald Trump said that the US was ready to increase the tariffs on imports from China if no trade deal is reached, adding that Beijing still wants a trade deal

 

Trump also said that there's hurdles in the way of the trade talks, especially after he signed the Hong Kong bill to support protesters, which doesn’t make the trade talks with China "better."

 

Otherwise, the dollar index fell against a basket of currencies by 0.4% to 97.8 points as of 19:49 GMT, and hit an intraday high of 98.3 and a low of 97.8.

 

God futures for February delivery fell by 0.2% and settled at $1,469.20 an ounce, with a high of $1,471.7 and a low of $1,459.8.

 
 
 
  Symbol Last Change Chg.%
1.1136
0.0074
0.6721%
1.3171
0.0034
0.2600%
Tadawul
8005.77
-127.95
1.57%
16.914
0.342
2.065%
58.845
-0.265
0.448%
64.15
0.43
0.67%
1478.020
18.175
1.245%
 
 
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