Reported about 13 hours ago
Gold prices increased by up to 1.3% to nearly $3,982 per ounce as traders reacted to President Trump's positive comments about a recent trade deal with China, which marked a temporary easing of tensions between the two nations. Despite a recent decline in gold's value, the metal has risen about 50% this year, driven by central bank purchases and investor shifts away from sovereign debt. However, internal divisions among Federal Reserve policymakers about future rate cuts create uncertainty for investors.
Source: YAHOO