Gold up over 1% as China says no trade talks with US - Breaking The News
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Gold up over 1% as China says no trade talks with US

EPA-EFE/ROBERT GHEMENT

Prices of the most valuable precious metal rebounded on Thursday after China signaled that there were no ongoing trade negotiations with the United States administration.

Chinese Foreign Ministry spokesperson Guo Jiakun called on Washington to cease its "threats" and show respect if it wants to engage in talks with Beijing. The day before, US President Donald Trump insisted that the duration of US duties on China depends on Beijing.

Gold advanced by 1.36% at 4:15 am ET, and sold for $3,333.25 per ounce. At the same time, palladium gained 0.29% to go for $931.11 per ounce. On the other hand, silver dropped 0.76%, selling for $33.33 per ounce, and platinum slid 0.20%, settling for $973.77 per ounce.

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