Gold Prices Slip On US-Sino Trade war Fears

Gold prices inched down on Wednesday after touching two-week lows in the previous session, with investors staying away from bullion on fears the US-China trade war could escalate. The trade conflict has prompted investors to buy the US dollar in the belief that the United States has less to lose from the dispute, making dollar-priced gold more expensive for non-US buyers. 
Spot gold was down 0.1 per cent at $1,196.21 an ounce at 0102 GMT, after hitting its lowest since Aug. 24 at $1,187.21 on Tuesday. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961