This article was first published on FXTM Global.
- -
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
- -


Gold prices slipped to levels not seen in two weeks on Wednesday as optimism around the reopening of economies outweighed fears over escalating US-China tensions.The improving market mood is certainly supporting appetite for risk at the expense of safe-haven assets with Gold depreciating over 1.5% since the start of the week. Buying sentiment towards Gold is likely to deteriorate in the short term amid rising equity markets and economic optimism. However, the current risk-on sentiment is unlikely to last given how trade tensions and global growth concerns remain dominant market themes. As... Read More


--
To keep reading this article, please navigate to: FXTM Global.

Tagged on: