On Thursday Gold continued to hover near to 24-day’s lows that reached in the previous session. And that was while the greenback recovered following the wary remarks from the U.S. Trade Representative Robert Lighthizer that depressed traders' expectations for an end to the tax war with China.
The popular spot gold and the U.S. gold futures fell about 0.1% to $1,318.49 and $1,320.09 per ounce each.
The yellow and safe-haven metal fell to its weakest level since the middle of this month to $1,316.40 in the previous session and lost for the first time in more than 4 months.
Trump: There is no rush for denuclearization
Daily Analysis - 28/02/2019