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Shanghai Gold exchange has increased the trade margin for some gold futures contracts
Gold
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 backing away from tariffs, backing away from firing Powell - will it last?
- Trump says he has no plans to Fire Federal Reserve Chair Powell
- Trump says he is going to be very nice to China, they have to make a deal
Losing some ground now:
Source: Forex Live
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