Gold dropped as the dollar gained and investors opted for riskier assets on the back of robust U.S. economic data even as the U.S.-China trade concerns linger.
Fed member Barkin says that Fed is not trying to increases volatility in the market
U.S. Treasury Secretary Steven Mnuchin said he will likely travel to Beijing to continue negotiations with Chinese counterparts.
Meanwhile, SPDR Gold Trust, said its holdings fell 0.4% to 733.23 tonnes, holdings are now around its lowest levels since Oct. 9.
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