Today’s Gold News Updated By Gates Commodity

Gold was up on Friday in Asia, boosted by rising U.S.-China tensions as China plans controversial national security laws in Hong Kong.

Gold futures were up by 0.31% at $1,727.20 by 1:09 AM ET (6:09 AM GMT), gaining back losses from the previous session.

Chinese Premier Li Keqiang said in his annual report to the National People’s Congress, “We will establish sound legal systems and enforcement mechanisms for safeguarding national security in the two special administrative regions [Hong Kong and Macau], and see that the governments of the two regions fulfill their constitutional responsibilities.”

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