Brexit Problems: Gold and George Gero

brexit problems: Meanwhile, Brexit problems escalate, and China-U.S. talks have question marks and traders await Group of 20 talks later this month, he said, according to Market Watch. So gold still looks range bound in the 1,315 to 1,350 area until we see more news. Trade and tariff talks have distorted gold prices, as misunderstood gold reacted to the Trump's administration recent decision to shelve tariffs against Mexico, said George Gero, managing director at RBC Wealth Management. Gold for June delivery on Comex GCM19, 0.26% rose 1.90, or 0.1%, to settle at 1,331.20 an ounce after posting as loss of 1.3% on Monday. I have been looking for this rally to sell and the failure at 1,350 was a gift going into the summer months, Peter Thomas, senior vice president at metals broker Zaner Metals, told Market Watch. Futures prices still trade roughly 1.6% higher month to date. (news.financializer.com). As reported in the news.