Gold falls as easing US-China tensions dent safe-haven demand


A worker polishes gold bullion bars — AFP

Gold retreated on Monday as easing U.S.-China trade tensions boosted investors' risk appetite and dented the demand for the safe-haven metal, while a stronger dollar also piled on the pressure.

Spot gold fell 0.8% to $3,292.11 an ounce as of 0625 GMT. Bullion hit a record high of $3,500.05 on April 22.

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Gold , safe-haven , tariffs , bullion

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