Gold, unchanged while waiting for the ECB meeting By Investing.com

Investing.com – The prices of the just register variations and remain above the key level of $ 1,500 before the expected meeting of the European Central Bank (ECB) to be held during this day.

Those of the Comex of the New York Mercantile Exchange for delivery in December barely register variations and stand at $ 1,503.20 per troy ounce.

Traders await the outcome of the ECB's monetary policy meeting, in which the central bank is expected to cut interest rates and join the global trend in monetary policy easing.

The focus will also be on the monetary policy meeting of the United States Federal Reserve next week. The new pressure from President Donald Trump, who tweeted on Wednesday that the Fed's "hollow heads" should cut rates to "ZERO, or below," had little price impact.

The positive evolution of the US-American trade war does not affect the prices of this Thursday.

"At the request of the Deputy Prime Minister of China, Liu He, and because the People's Republic of China will celebrate its 70th anniversary on October 1, we have agreed, as a gesture of goodwill, to postpone the increase in tariffs on $ 250 billion. in Chinese products (from 25% to 30%), from October 1 to October 15, "Trump said in a tweet posted overnight.

Earlier this week, China said it will grant 25% tariff exemptions for a series of US products. Officials from China and the United States will meet in Washington in October.

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