-
Posted by
Two Blokes May 12 -
Filed in
Forex
-
26 views
Gold (XAU/USD) sinks more than 2.5% at the start of the European trading session and heads towards $3,233 at the time of writing as the talks between the US and China have brought some low-hanging fruit for the equity markets. China has agreed to lower its tariffs on the United States (US) to 10% from the initial 125%, while the US will lower its tariffs on China to 30% from 145%, both for 90 days.