Gold prices slipped on Wednesday in Asia amid continuous optimism over U.S.-Sino trade talks. Gold Futures for February delivery slipped 0.2% to $1,283.4 at 1:38 AM ET (06:38 GMT) on the Comex exchange.

In the past 2018, the yellow precious metal was under pressure from a strong US dollar. But in the new 2019, gold should adopt an upward trend from the US currency and the stock market. This is reported by Bloomberg in its forecast for gold.

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Gold prices advanced on Monday in Asia as the U.S. dollar slipped ahead of Wednesday’s minutes of the Federal Reserve’s December meeting and a speech by Fed Chairman Jerome Powell a day later, although an improved risk appetite limited gains for the safe-