Trump and Emmanuel Macron talked about taxes

On Tuesday, the famous yellow metal Gold remained mostly calm in a range, returning from an over six-year top-scored in the previous trading session. That happens while US President Donald Trump talked about a potential settlement with China, lowering concerns regarding an increase in the already harmful trade war. Spot gold went up 0.1% to $1,528.09 per ounce. On Monday Gold rose to its most important in more than six years exceeding the $1,550 point in early trade. After that, Gold gave back its profits due to the decrease of the tensions between the US and China.

On Tuesday the safe haven Japanese yen advanced while some traders softened their confidence regarding the possibilities for a quick resolution to the US-China trade conflict, which increased so-called risk-off trades.

Markets all around the world have been up and down due to exciting twists in the trade fight this month. On Monday Donald Trump signaled the likelihood of a trade agreement with China, days after both counties published new tariffs to each other.

The greenback developed further pressure versus the yen while a drop in US Treasury yields revealed that some traders yet supported the protection of government debt.