(Kitco News) – Gold saw a nearly 2% meeting on Friday, bolstered by an escalating trade war and a still weak Fed, expected to continue to lower prices, said Peter Hug, Kitco's global trading director.
"This trade war with China is heating up exponentially," Hug told Kitco News. "When you look at the total scope [of the global economy] with all the central banks ready to just inflate as much as possible, it is very difficult not to be in the gold market."
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