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Gold gains as US-China trade truce triggers dollar sell-off

Updated : December 04, 2018 07:25:30 IST

Spot gold was up 0.78 percent at $1,231.35 per ounce, its highest since $1,234.87 on Nov. 7.
US President Donald Trump and Chinese President Xi Jingping agreed to hold off on new tariffs during a Group of 20 summit in Argentina over the weekend after months of escalating tensions on trade and other issues.
Palladium gained 2.3 percent to $1,205.00 an ounce after registering a record high of $1,221.95 earlier in the session.
Gold gains as US-China trade truce triggers dollar sell-off
Published : December 04, 2018 07:25 AM IST

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