Gold prices plunged immediately upon opening Monday morning in Australia. This in response to a perceived favorable outcome of the one-on-one talks between presidents Trump and Xi Jinping at the G 20 meetings held in Osaka Japan.

As traders and market participants await news from Saturday’s one-on-one meeting between President Donald Trump and Chinese President Xi Jinping, the precious metals markets are so quiet that you can hear a pin drop.

As the two presidents of the United States and China prepare for their one on one talks at the G-20 meeting later on Saturday in Osaka Japan, it seems both sides have begun to posture their negotiations with a war of words emerging from both camps.