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Monday, September 17, 2018 7:08:30 AM
Gold prices have declined about 12.6 percent from April amid intensifying global trade tensions and under pressure from rising U.S. interest rates.
Though gold is generally presumed to be a safe-haven asset, the months-long trade rift between Washington and Beijing has prompted investors to opt for the U.S. dollar in the belief that the United States has less to lose from the dispute.
https://www.cnbc.com/2018/09/17/gold-markets-us-china-trade-dollar-in-focus.html
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