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Gold slips amid U.S.-China trade war concerns

Reuters  |  LONDON 

By Zandi ShabalalaLONDON (Reuters) - Gold fell on Wednesday, but remained stuck in a narrow trading range as investors worry about a simmering trade war between the United States and China.Spot gold was down 0.1 percent to $1,196.40 an ounce at 1430 GMT, after hitting its lowest since Aug. 24 at $1,187.21 on Tuesday. U.S. gold futures eased 0.1 percent to $1,204.70 an ounce.The trade conflict between Washington and Beijing has prompted investors to buy the U.S. dollar in the belief that the United States has less to lose from the dispute."It looks like gold will remain in a sideways trend ...

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First Published: Wed, September 12 2018. 22:05 IST
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