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Gold hovers near 1-month low after China, U.S. agree on tariff roll-back

From reuters.com

Gold prices on Friday hovered near a one-month low hit in the previous session after China and the United States agreed to roll back tariffs as part of the first phase of a trade deal, stoking investors towards riskier assets. FUNDAMENTALS * Spot gold was flat at 1,467.92 per ounce at 0107 GMT after falling to its lowest level in over a month on Thursday. * U.S. gold futures were up 0.2% at $1,469.60 per ounce. * China and the United States have agreed to roll back tariffs on each others’ goods as part of the first phase of a trade deal, officials from both sides said on Thursday, offering a new sign of progress ... (full story)

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