Gold Prices Settled Flat As The U.S. Dollar Fell Versus China’s Yuan Against A Backdrop

Gold trading range for the day is 29490-29788.

Gold prices settled flat as the U.S. dollar fell versus China’s yuan against a backdrop of U.S.-China trade tensions.

Expectations for increased Chinese stimulus helped take the edge off wider concerns about the worsening Sino-U.S. trade dispute.

Gold prices have declined nearly 12 percent since mid-April, pressured by a stronger U.S. dollar from an ongoing U.S.-China trade dispute.

For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory