Gold Prices Inch Up as Traders Await Further News on Sino-U.S. Trade Talks
Gold prices inched up on Friday in Asia as traders await the upcoming Sino-U.S. trade talks scheduled for next week.
U.S. Secretary of Commerce Wilbur Ross told CNBC in an interview that he is concerned that the two nations remain “miles and miles” apart on trade, although he acknowledged there is a “fair chance” of a trade deal.
“Trade is very complicated. There are lots and lots of issues,” he said.
On the other hand, White House Economic Adviser Lawrence Kudlow said President Donald Trump is optimistic about trade talks, adding that he expected the January jobs report would be up a significant amount.
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