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Gold eases as dollar climbs, with U.S.-China trade talks holding market’s attention

“Gold prices retreated Monday as a leading dollar index hovered near more than one-month highs, cutting demand for investors buying precious metals using other currencies” writes Rachel Koning Beals for marketwatch.com. Investors are looking ahead to trade talks this week with a delegation of U.S. officials traveling to China for the next round.Riskier markets, including U.S. stocks, headed higher on cautious optimism for the next round of U.S.-China trade negotiations resuming this week, limiting but hardly eliminating the appeal of haven assets, including gold.In other metals trade, March silver SIH9, -0.75%  fell 9 cents, or 0.6%, to $15.71 an ounce.April gold GCJ9, -0.53%  was down $7.80, or 0.6%, at $1,310.70 an ounce.
 
Source: marketwatch.com



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