Gold moved in a positive direction in early European trading, on Tuesday (25/2) after experiencing profit taking action to touch the lowest area of ​​$2929.

The recent uptrend in precious metals coincides with negative signs over the long-term conditions of the economy and labor market in the US. This source of uncertainty has added to the prevailing uncertainty globally such as concerns over the trade conflict between the US and the rest of the world. This is still a major factor for the increase in the price of Gold

Until this news was released, the price of Gold was at the level of $2,940

Source: Newsmaker.id