The price of gold dropped below $4,000 an ounce as easing trade tensions between China and the United States triggered a selloff. Spot gold slipped by over 3% to reach $3,980 per ounce, with diplomats from both countries preparing a series of achievements for Chinese leader Xi Jinping and President Donald Trump to announce at their upcoming summit this week.
Companies like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) that are involved in gold production will be watching keenly as…
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