The growing hope of some sort of US-China agreement has given markets a boost and stimulated risk appetite this week, leading to an easing of gold prices and a great window of opportunity to buy now.
The EU had expected President Trump to reveal details of a trade agreement during a speech in New York yesterday (Tuesday), giving markets a boost. While no details were forthcoming during his talk, markets still closed 0.25% higher on the day. Last week, US and China officials said they had agreed to delay tariffs on both sides, but President Trump later denied that was the case so there is still a lot more to run on this story. That said, the positive signs and whispers of a deal give markets confidence, creating an easing of gold prices which makes an opportune moment for you to buy now.