Gold steady as investors await U.S.-China trade talks

From uk.reuters.com

Gold traded steady on Thursday after the previous session’s sharp fall, as investors looked forward to trade talks between Washington and Beijing later this week in Japan. • Spot gold was mostly unchanged at $1,408.92 per ounce as of 0107 GMT. Prices fell more than 1% in the previous session after U.S. Federal Reserve officials dented expectations of aggressive interest rate cuts. • Gold prices hit a six-year peak of $1,438.63 on Tuesday. • U.S. gold futures were 0.2% lower at $1,412.80 an ounce. * U.S. President Donald Trump said a trade deal with Chinese President Xi Jinping was possible this weekend but he ... (full story)