Gold Prices Slip Despite Heightened Sino-U.S. Exchange Tension
Gold costs slipped on Thursday in Asia in spite of increased Sino-U.S. exchange strain.Gold fates for June conveyance, exchanged on the Comex division of the New York Mercantile Exchange, were down 0.3% at $1,276.8 per ounce by 11:15 PM ET (03:15 GMT).
"Gold needs to break the $1,289 opposition first on the off chance that it needs to get to $1,300," said Eli Tesfaye, valuable metals strategist at RJO Futures in Chicago. "I see all the more an exchanging scope of $1,275-$1,289 until further notice."
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