Gold prices rise amid US-China trade tension
Updated: May 27, 2019 06:25 PM IST
Gold prices rose on Monday as fears of a protracted US-China trade war hurt risk sentiment, while poor economic data from the United States bolstered bets of a US Federal Reserve rate cut. Spot gold edged up 0.2% to $1,287.03 per ounce as of 0455 GMT, rising for a third session in a row.