Today, White House economic adviser Lawrence Kudlow said that the United States and China were close to concluding the first part of the foreign trade agreement, but Donald Trump has not yet approved it.
Gold is trading in the red zone on Friday amid rising major stock indexes and lower demand for defensive assets.
Gold continues trading with a moderate increase amid worsening geopolitical and economic situation in the world and growing demand for protective assets.
Oil market is being traded down today. Brent is down 0,9%, WTI is down 0,6%.
On Monday, Asian markets traded mainly in the red zone.
Gold and other defensive assets are gradually regaining their positions after Donald Trump's rather harsh remarks about China. T
Oil market is being traded in the green Tuesday. From the session opening Brent rose almost 0,5%, WTI gained 0,4%.
According to news agencies, Donald Trump will most likely decide to postpone the introduction of 25 percent duties on the European auto industry for another 6 months.