RSS SubscribeGRAPHIC: Gold players keep faith despite trade truce-induced correction
From Mining.com
Gold prices have fallen almost 10% from a record high just above $3,500 per ounce in April as a de-escalation in US-China trade tensions punctured momentum, but analysts are sticking with a bullish outlook due to strong underlying support for the metal.
Spot gold was trading around $3,180 an ounce on Friday, leaving prices on track for their worst week in six months.
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#de-escalationinUS-Chinatradetensions #gold