Gold prices were little changed on Tuesday, hovering around $1,490 an ounce as progress in China-U.S. trade talks sent equities soaring, while anticipation ahead of major central bank meetings in the week provided some support.
Spot gold was trading at $1,493.11 per ounce at 09:38 GMT, after shedding nearly 1% in the previous session. U.S. gold futures were flat at $1,495.70 an ounce.
U.S. President Donald Trump said on Monday he expected to sign a significant part of the trade deal with China ahead of schedule. The possibility of an extension on tariff suspensions on $34 billion of Chinese goods also fuelled optimism.
Wall Street jumped to an all-time peak after the statements on Monday, while Asian shares scaled a three-month high in early trade on Tuesday.
Source : Reuters