Gold Settled Flat As Progress In U.S.-China Trade Talks Lifted Risk Sentiment

Gold trading range for the day is 31609-31997.

Gold settled flat as progress in U.S.-China trade talks lifted risk sentiment, taking the sheen off safe-haven bullion even as the dollar weakened.

U.S. Treasury Secretary Steven Mnuchin said he hoped U.S.-China trade talks were approaching a final lap.

Dealers were charging a premium of up to $2.50 an ounce over official domestic prices, the highest in nearly five months.

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