(Kitco News) – Gold prices earlier Thursday saw solid gains following some downbeat U.S. economic data and dovish remarks from new ECB President Christine Lagarde. However, selling pressure in gold developed as U.S. President trump has just tweeted that the U.S. and China both want a trade deal, suggesting such may be very close at hand ahead of the Sunday, Dec. 15, U.S. trade tariff deadline for more sanctions on China. December gold was last down $3.60 at $1,471.40.
By Jim Wyckoff
For Kitco News
Contact jwyckoff@kitco.com
www.kitco.com
