Reported about 23 hours ago
Gold prices have dropped to a two-week low as hopes for progress in trade talks between the US and other countries diminish its appeal as a safe haven asset. Despite ongoing economic concerns, market sentiment improved following comments from National Economic Council Director Kevin Hassett about positive developments in tariff discussions. Gold remains up 22% this year, but was down 2.4% to $3,211.42 an ounce by midday in New York.
Source: YAHOO