Publication: Financial Chronicle
“MCX gold rallied to uncharted territory on escalating trade tensions between the United States and China. Gold found support as China yuan tumbled beyond
7 yuan per dollar for the first time in more than 10 years in a retaliatory move against US President Donald Trump's decision to impose an additional
10 per cent tariff on $300 billion worth of Chinese imports,’ said Abhishek Bansal, Chair-man, ABans Group.