Gold slips below $1,400.00 as trade talks resume between U.S. and China

On: 01/07/2019

Tagged: DOW, Equitites, Gold, Record Highs, S&P 500, Safe Haven, Shares, Stocks, U.S., UK

The price of gold per ounce slipped back after U.S. and China agreed to resume trade talks.

Safe-havens are in less demand as equity markets received a lift from the trade truce agreed Saturday 29th. June 2019 between President Trump and President Xi Jingping at the G-20.

GOLD: $1,390.00 at 15:00 (BST) 1st July 2019

The Dow Jones Industrial Average and the S&P 500 are breaking record highs on the back of this news. My fear is that this climb will not continue today.

DOW has touched 26885 & The S&P 500 exceeded 2977 intraday trading (15:00 BST) 1st July 2019

Unsustainable?

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