U.S. Treasury Secretary Steven Mnuchin said on Thursday the United States and China would sign their so-called ‘Phase one’ trade pact at the beginning of January, adding that it would not be subject to any renegotiation. U.S. gold futures were down 0.1% to $1,482.70 per ounce. “The real driver for gold markets has been trade war risk and with its de-escalation in phase one on the back of Mnuchin’s comments is not bullish for gold,” said Stephen Innes, a market strategist at AxiTrader. …read more
Source:: Yahoo Finance
