Gold Recovers Some Losses As Traders Reassess U.S.-China Trade-Talk Progress

From kitco.com

Gold prices have quickly bounced off their recent session lows that came in the wake of news reports the U.S. plans to ease off on putting new, additional tariffs on Chinese imports. Prices are now moderately down on the day, after hitting six-year highs overnight. U.S. trade officials said a short while ago that some of the new tariffs won't go into effect until mid-December, adding that the two sides will resume trade negotiations in a couple weeks. The marketplace was reading this news as a positive step, including maybe the U.S. "blinking." However, upon further reflection the marketplace is now deeming this as a ... (full story)