Gold Prices Drop Amid Easing US-China Trade Tensions and Market Volatility
Gold prices declined by up to 1.3% to near $4,058 an ounce as progress on a US-China trade deal reduced haven demand, reversing a recent rally that saw gold reach over $4,380. The market is shifting towards more fundamental factors amid upcoming central bank decisions, with traders also focusing on a record-high conference in Kyoto for bullion professionals.
