Gold prices are down on the evening of Wednesday, 4 December, against the backdrop of renewed media-driven risk aversion that reports the evolution of the US-China trade dispute. information from major stock exchanges.
The gold price, traditionally considered a safe haven, is down this Wednesday, December 4, following a fall in demand, investors thinking of the announcement of Bloomberg, according to which China and the United States could agree shortly to cancel certain reciprocal taxes.
This announcement followed the statement made by Donald Trump the day before. The President of the United States said that a trade agreement between Washington and Beijing could be concluded just after the US presidential election in November 2020.
At 4:52 pm (Paris time), the price of the February futures contract for gold on the New York Comex market decreased by $ 6.35, or by 0.43% to $ 1,478.05. ounce. The March futures for silver price fell 2.03% to 16.898 dollars an ounce.