Gold Gains on Dollar Weakness, Safe-haven Demand as Trump Reignites Trade Concerns

Seeking Alpha17:55 ET

Gold rises amidst the shadow of the trade war as traders focus on the Federal Reserve's interest rate decisions.

The rise in gold prices and the latest comments from USA President Trump regarding tariffs continue to cast a shadow of risk over the trade war, while investors are awaiting the Federal Reserve's interest rate decision later this week. Although Trump has indicated that a partial trade agreement may be reached this week, he also suggested that an agreement would not be reached immediately.

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