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Gold falls to near two-month low as robust dollar weighs

“China and the United States are due to resume high-level trade talks next week in Washington” reports cnbc.com. Gold prices fell to a near two-month low on Tuesday, weighed down by a stronger dollar, while hopes of progress in the U.S.-China trade talks lifted equity markets in a further hit to the bullion’s appeal.Spot gold was down 0.4% at $1,465.80 per ounce, as of 0456 GMT, after declining to its lowest since Aug. 6 at $1,462.44 earlier in the session.U.S. gold futures were 0.1% lower at $1,471.80 per ounce.
 
Source: cnbc.com



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