Tanvi Awasthi

Costs of the place of refuge gold rose on Wednesday in Asia as hazard slant endured another shot after the U.S. affirmed it would climb duties on $200 billion worth of Chinese products.

Gold fates for June conveyance, exchanged on the Comex division of the New York Mercantile Exchange, were up 0.2% at $1,287.55 per ounce.

The valuable metal pulled in some place of refuge offers today after U.S. Exchange Representative Robert Lighthizer affirmed that the U.S. will build requires on Chinese imports on Friday.

That came after U.S. President Donald Trump took steps to climb taxes on $200 billion of Chinese imports throughout the end of the week, just as duty new obligations on many billions of dollars of different imports.

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