USD\EUR 0.9036 CNY\EUR 0.1284 CHF\EUR 0.9116 CAD\EUR 0.6796 AUD\EUR 0.6153 EUR\USD 1.1067 CNY\USD 0.1421 CHF\USD 1.0089 CAD\USD 0.7521 AUD\USD 0.6810

Gold erases daily losses as Trump says he has not yet agreed to roll back China tariffs

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Live 24 hours gold chart [Kitco Inc.]

(Kitco News) –  Gold prices in late-morning dealings Friday have eliminated their moderate daily losses that drove prices to a three-month low overnight on news that President Donald Trump said the U.S. has not yet agreed to roll back tariffs on Chinese imports. News reports on Thursday said a U.S.-China partial trade deal was very close to being signed and that both sides had agreed to roll back their tariffs. Today’s Trump comments inject fresh uncertainty on the U.S.-China trade matter, and that is supporting some buying interest in safe-haven gold and silver–or at least limiting selling interest in their futures markets. December gold was last steady at $1,466.40.