Gold prices inch lower on easing US-China trade concerns

Gold eased as fears of escalation in the US-China trade war were allayed, after Bloomberg reported that the US does not currently plan to de-list Chinese companies from US stock markets.

Sep 30, 2019 07:09 IST India Infoline News Service

International gold prices were slightly lower on Monday with spot gold below the $1,500/ounce level.

Gold eased as fears of escalation in the US-China trade war were allayed, after Bloomberg reported that the US does not currently plan to de-list Chinese companies from US stock markets.

Gold prices were lower in the domestic market as well as due to easing US-China trade tensions.

MCX Gold (Oct) futures were down 0.35% at Rs37,620/10g. MCX Silver (Dec) futures were down ~1% at around Rs 45,000/kg.

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