Gold Prices Slip

Gold prices tumbled this morning, especially during the Asia trading hours despite issues over a phase on trade deal between the U.S. and China.

Presently, the yellow metal trades at $1471.17, which is a decline of $0.21 or 0.01% from the previous close of $1471.38.

The daily range is from $1468.73 — 1475.58, while the trading volume is 140.875K.

President Donald is not expected to sign a bill that supports Hong Kong protesters, according to Bloomberg.

As a result, top official from China's foreign ministry stated that the decision is a blatant interference in China's internal affairs.

Additionally, he stated that Washington "negative consequences" if that becomes the case.

Moreover, traders and investors are focused on the U.S. Federal Reserve’s meeting minutes for October, reported overnight.