Shanghai Gold exchange has increased the trade margin for some gold futures contracts
Not bullish, at the margin.
Gold had managed to retrace the losses on Trump's comments earlier:
Trump said had no intention of firing Fed Chair Powell (he did). Major reversal from TrumpTrump backing away from tariffs, backing away from firing Powell - will it last?Trump says he has no plans to Fire Federal Reserve Chair PowellTrump says he is going to be very nice to China, they have to make a dealLosing some ground now:
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