Gold held a drop as investors await the highly anticipated meeting between President Donald Trump and his Chinese counterpart Xi Jinping at the G-20 Summit in Japan for developments on the trade dispute.
Trump is already weighing in. During an interview Wednesday with Fox Business Network, he said substantial additional U.S. tariffs would be placed on goods from China if there’s no progress on a deal after the meeting, which is scheduled to take place at 11:30 a.m. on Saturday in Osaka.
Spot gold +0.1% to $1,410.90/oz at 9:15am in Singapore, after -1% on Wednesday. Prices rose to $1,439.21 on Tuesday, highest level since 2013
Bloomberg Dollar Spot Index steady
Other precious metals: Spot silver -0.1%. Platinum -0.2%. Palladium +0.2%.