Gold Regains Some Steam On Reports Hong Kong Riots Escalating

(Kitco News) – Gold prices are now only seeing modest losses in late-morning action Tuesday. Reports said Hong Kong riot police have confronted the demonstrators that have occupied the main Hong Kong airport and partially shut it down. Also, traders are reassessing just how positive are the latest developments on the U.S.-China trade front, whereby the U.S. is relaxing the timeframe for the implementation of new trade tariffs on China. It appears the development is not quite as upbeat as traders and analysts initially reckoned. December gold was last down $3.00 at $1,514.00.

By Jim Wyckoff
For Kitco News


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