US-China Trade Breakthrough Sends Gold Tumbling From Record Highs – Here’s Why
TLDR Gold fell 1. 4% to near $4,053 per ounce as US-China trade deal progress reduced demand for safe-haven assets The precious metal posted its first weekly decline since mid-August, dropping 3. 3% last week Gold remains up 55% year-to-date despite recent pullback from record high of $4,380 reached last Monday Federal Reserve expected to cut rates [.] The post US-China Trade Breakthrough Sends Gold Tumbling From Record Highs Here’s Why appeared first on CoinCentral.