Gold drops to snap two days of gains as the dollar recovers, while investors weigh the latest economic data from China, progress in the trade war, and Brexit developments.
Spot gold -0.5% to $1,302.26/oz at 7:14am in London; +1.2% over previous two days. Bloomberg Dollar Spot Index +0.3%, after -0.4% Wednesday to cap 4-day decline.
President Donald Trump acknowledged concerns in Beijing about the possibility of him walking away from an agreement, offering to push back a summit with Chinese leader Xi Jinping until a final deal is reached.
Source : Bloomberg