Gold Gains As Trump Threatens To Increase Tariffs On Chinese Goods

Gold rose on Monday after U.S. President Donald Trump threatened to impose tariffs on Chinese goods, indicating a dramatic deterioration in Sino-U.S. trade talks and prompting a sharp downturn in riskier assets.
Spot gold rose 0.3 percent to $1,282.96 per ounce as of 0121 GMT. U.S. gold futures were up 0.2 percent to $1,283.70 an ounce. United States President Donald Trump dramatically increased pressure on China to reach a trade deal by announcing on Sunday he would hike tariffs on $200 billion worth of Chinese goods this week and target hundreds of billions more soon. For More Information Please Visit : https://www.dollaradvisory.com/index.php/welcome/freetrial and Call : +91 9111-179961