Gold consolidates near $ 1500



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Gold stabilized yesterday, hovering around the $ 1,500 level, supported by uncertainties surrounding the US-China trade war and a series of rate cuts. interest by the world's central banks, in the fear of an economic downturn.
On the spot, gold was set at $ 1,501 an ounce.
On Wednesday, prices rose more than 2%, exceeding $ 1,500 for the first time since April 2013.
Futures on US gold fell 0.3% to $ 1,515.20 an ounce. (Reuters)

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