Home GRASP GRASP/China Gold prices range-bound ahead of Trump-Xi meet at G-20 summit

Gold prices range-bound ahead of Trump-Xi meet at G-20 summit

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Donald Trump and Chinese leader Xi Jinping are expected to discuss trade on the sidelines of the G-20 summit in Argentina on Saturday, where global trade tensions are expected to dominate the agenda.
Gold prices held range-bound on Friday as the dollar trod water after U. S. President Donald Trump sent mixed signals about the prospects for a trade deal with Beijing, while palladium notched a record high.
Spot gold was little changed at $1,224.10 per ounce, as of 0357 GMT.
U. S. gold futures were flat at $1,230.5 an ounce.
Donald Trump and Chinese leader Xi Jinping are expected to discuss trade on the sidelines of the G-20 summit in Argentina on Saturday, where global trade tensions are expected to dominate the agenda.
However, Trump sent mixed signals on Thursday about the trade deal, saying an agreement was close but he was not sure he wanted one, just as he left for Argentina for a meeting with President Xi.

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