Gold resilient despite trade-talk optimism

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Gold stood resilient to the risk-on flows on Monday as US-China trade optimism sent investors rushing to global equities and emerging market assets.

Although the precious metal will most likely struggle to push higher in the near term as easing trade tensions reduce appetite for safe-haven assets, the medium to longer term outlook remains in favour of Gold bulls. The combination of geopolitical risks and global growth fears have left market sentiment quite fragile while trade disputes could still flare up in the future if no breakthrough deal is achieved. With the Dollar losing its grip on… Read More:

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