Make Kitco Your Homepage

Gold Regains Some Steam On Reports Hong Kong Riots Escalating

Kitco News

Editor's Note: Get caught up in minutes with our speedy summary of today's must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here!

Live 24 hours gold chart [Kitco Inc.]

(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.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.