Gold headed for the biggest weekly loss in more than two years as progress in U.S-China trade talks hammered demand for havens. Spot bullion is 3% lower this week, the most since May 2017, after prices nosedived on Thursday as Washington and Beijing moved closer to a phase-one agreement. Other precious metals plunged, with silver down 6.1% since Monday. Gold prices have been sustained in 2019 by the frictions thrown up by the trade conflict, interest rate cuts from the Federal Reserve, and robust demand from investors and central banks. That trio of drivers is now under attack as the two largest economies near an ... (full story)