Reported 4 months ago
Gold prices have rebounded by 0.6% to above $3,250 an ounce as investors turn their attention to an upcoming US inflation report, following a significant downturn triggered by a temporary tariff reduction agreement between the US and China. Despite the easing of trade tensions, which had caused the gold selloff, concerns about the lack of detailed agreements keep some investors cautious. The current gold market remains strong, with prices up nearly a quarter this year.
Source: YAHOO