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Gold drops from 14-month high as US-Mexico deal lifts risk assets

Updated : June 12, 2019 11:17 PM IST

The United States and Mexico struck a deal on Friday to avert a tariff war, with the latter agreeing to expand a controversial asylum programme and deploy security forces to stem flows of illegal migrants from Central America.
As long as gold remains above chart support at $1,320 and $1,300, positive technical momentum should underpin prices, however, he said.
Gold drops from 14-month high as US-Mexico deal lifts risk assets
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