Money and business

The stability of gold prices with the support of American job data


Gold prices stabilized, Today Wednesday, after relatively strong data for job report The American for the month of April, the continuous uncertainty about trade relations between the United States and China, and global economic concerns." target ="_Blank"> Gold in instant transactions at $ 3,351.49 an ounce, by 06:09 GMT. Also, US gold futures stabilized at $ 3,375. Wong, Senior Market analyst in the Asia Pacific region: "We will likely see the buyers who accept gold in times of stability and decline return to the image, while things are still unconfirmed, especially with regard to trade relations between China and the United States, and even in the European Union". "KCM wants"that "The somewhat strong American job data helped calm some concerns about the potential economic strike on the American economy from customs duties, which keeps the demand for safe assets such as gold under control."

The talks of America and China indicated that President Donald Trump and Chinese President Xi Jinping may hold talks later this week to address commercial differences. "The right track".

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