[ad_1]
Gold prices have fallen for the fourth consecutive session today, as investor appetite for risk continues to be boosted by hopes of global stimulus and waiting. of a possible lull of the China-US trade war.
The spot gold price fell 0.6% to 1490.10 dollars an ounce by 0650 GMT, after reaching its lowest level since 13 August at 1486 dollars earlier in the session.
Gold has lost about 5% since it reached its highest level in 155 years at $ 1,557 the fourth of this month.
In US futures, gold lost 0.8% to $ 1498.50 an ounce.
The trade war between China and the United States has disrupted global markets since the beginning, more than a year ago, fueling fears of a global economic downturn.
Markets, however, were raised after both parties decided to hold talks in Washington in early October.
In other precious metals, platinum fell 1.2% to $ 935.20 an ounce, while palladium fell to $ 1,542.34.
News that you can like
[ad_2]
Source link
