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Gold falls over 2% to three-week low as trade-tension easing saps safe-haven demand
Gold drops ~2% to US$3,900/oz as trade optimism and dollar strength reduce safe-haven appeal.
Global gold prices slipped more than 2% to reach their lowest level in three weeks, amid growing optimism over a possible easing of U.S.–China trade tensions and anticipation of a key Fed policy meeting. Spot gold hit roughly US$3,900 per ounce while December futures fell to around US$3,915. Investors cited reduced appetite for safe-havens and a strengthening U.S. dollar as primary factors behind the decline.