Gold Price Fluctuates Due to U.S.-China Trade Deal

Gold Price Fluctuates Due to U.S.-China Trade Deal


11/15/2019 8:19:25 AM

Gold finished low on Monday, as the rise in stocks fueled the Precious Metal’s decline. Gold continued to struggle on Tuesday, settling to their lowest since August. Strength in the U.S. dollar and high stock prices contribute to the yellow metal’s drop. Gold and Silver prices saw an increase Wednesday, as investors experienced uncertainty regarding U.S.-China trade talks and the first public impeachment proceedings against President Trump. Gold prices kept their momentum on Thursday, building on gains from the previous day. Gold dropped again on Friday after investors discovered newfound optimism surrounding “phase one” of the U.S.-China trade deal.

APMEX Market Reports provide our readers with a review of spot price activity and some of the factors that may be affecting the market for Precious Metals. While the information is obtained from sources we believe to be reliable, we do not guarantee its accuracy or its completeness and we encourage you to conduct your own investigation prior to making any decision based on the information. The Market Reports are not intended as a comprehensive discussion and there may be other factors affecting the financial marketplace. These Market Reports are provided for informational purposes only and do not constitute a recommendation by APMEX to hold, purchase or sell any Precious Metal product. All orders, purchases and sales, if any, are subject to the terms of the User Agreement and other applicable policies

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