Amid uncertainty over US-China trade war, gold heading for a weekly gain

Gold was en route to a weekly gain on Friday as uncertainty about the fate of U.S.-China trade deal gripped investors ahead of a U.S. jobs report that could offer further insight on the state of the American economy. Spot gold was flat at $1,475.36 an ounce at 0340 GMT, but headed for a second straight weekly gain, up about 0.

8% for the week so far. U.S. gold futures were down 0.2% at $1,480.40. "Gold hasn't really found a direction, it is indecisive. Right now it is consolidating and waiting for an opportunity which could.....

This article is no longer available in our repository.

There could be multiple reasons for this.