Gold rate today: Gold trades lower on improved hopes of US-China trade deal
Gold was trading lower on Thursday as equity market sentiments improved on a likely sooner-than-expected deal between US and China. A softened crude oil also affected gold in the domestic market.
US President Donald Trump said on Wednesday that a deal to end a nearly 15-month trade war with China could happen sooner than people think. This comes a day after he had criticised Chinese trade practices.
Brent crude, which fell 1 per cent on Wednesday, was trading in the red havi ..
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