Gold Prices Drop as US-China Trade Talks Dampen Safe-Haven Appeal

Reported about 17 hours ago

Gold prices fell after optimism surrounding upcoming US-China trade talks reduced demand for safe-haven assets. The announcement of talks was made as tensions escalated in South Asia but was overshadowed by the prospect of easing trade tensions, which saw gold drop 1.6% to $3,377.70 an ounce. The Federal Reserve's upcoming interest rate decision will also play a critical role in influencing gold prices.

Source: YAHOO

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