Bullion retreats, alleged breakthrough in US-China standoff given credit

14.08.2019

Gold reversed course to slide as much as 2% on Tuesday, breaking below the key $1,500 support level, after the United States said it would delay tariffs on some Chinese products and on news that both sides agreed to continue trade talks.

Spot gold was down 1.2% at $1,493.64 per ounce...