September 24, 2018

Gold is currently at $1,203.50, up $6.50, as trade tensions hit a new high with China.  President Trump announced a 10% tariff on $200 billion in Chinese imports and China responded by imposing new tariffs against the US and declining an invitation to discuss a potential resolution.  The current tension caused the dollar to slip today as investors worry a trade war with China could hurt its value soon—even with interest rates likely to rise later this week.