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Gold gains as dollar stalls on U.S.-China trade talks

Reuters 

By Swati Verma(Reuters) - Gold rose on Tuesday, supported by a slight pause in the dollar's rally as the United States and China continue talks aimed at ending their trade conflict.Spot gold was up 0.4 percent at $1,313.81 an ounce at 1307 GMT after falling 0.4 percent in the previous session. U.S. gold futures gained 0.4 percent to $1,317.50. "The sentiment this morning is a little more constructive towards the deal," said ING analyst Warren Patterson."The (gold) price direction really hinges on how these trade talks play out. A positive outcome at trade talks could weigh on the dollar and ...

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First Published: Tue, February 12 2019. 18:55 IST
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