Gold Rises, Buoyed by Likely Safe-Haven Demand Amid Global Trade Uncertainty

Gold rises in the early Asian session, buoyed by likely safe-haven demand amid global trade uncertainty.

The lack of a clear timeline for U.S.-China trade negotiations continues to maintain investors’ cautiousness, GivTrade’s Hassan Fawaz says in an email.

Also, the ECB’s recent rate cut could enhance the precious metal’s allure in a low-yield environment, the chairman and founder says.