Precious metal benchmarks depreciate amidst broader market confusion

14.05.2019

Gold prices fell on Monday as Sino-U.S. trade tensions and uncertainty over a deal weighed on yuan, making bullion expensive for buyers in world’s largest consumer - China.

Spot gold was down 0.3% at $1,282.78 per ounce, as of 0715 GMT.

U.S. gold futures slipped 0.2% to $1,283.40 an ounce.

“Gold price in...