Gold edged higher in early Asian trading, supported by the prospect of a U.S. recession that could boost the precious metal's appeal as a safe haven.
In an interview with Fox News on Sunday, President Trump refused to rule out a U.S. recession this year. "Traders and investors are reacting to the sharp and sudden decline in U.S. economic data," Ole S. Hansen of Saxo Bank said in a research report.
Source: Newsmaker.id