Gold declined to trade near the bottom of its recent range, after U.S. stocks rose to near an all-time high on Friday and data from China eased concerns over economic growth.
Spot gold -0.2% to $1,287.44/oz at 9:48am in London.Bloomberg Dollar Spot Index little changed, after -0.2% Friday.
Investors are also weighing the latest developments in the U.S.-China trade talks between the two countries, amid indications that they may be edging closer to a deal.
Other precious metals declined in early London trading as platinum, the group’s top performer so far this year, continues to maintain its lead.
Source : Bloomberg