The absence of real progress in the US-China trade deal increased demand for the yellow metal.
According to polls Tory party may have enough votes to form a majority government.
Mixed economic data from Europe weighed on the euro, limiting its upside.
Uncertanity around the US-China trade deal is providing support for the yellow metal.
Powell failed to impress traders. However, the dollar remained strong amid the upbeat data.
Donald Trump hammered the FED, but did not provide any vital information regarding the US-China trade deal yesterday.
The Brexit Party’s decision increased the likelihood of a Conservative Party victory and helped the pound to gain momentum.
Traders disappointed in Trump's speech as the president did not offer fresh clues related to the trade deal with China.
Doubts concerning the US-China trade deal and geopolitical tensions helped gold to stop its decline.
