Gold traded in range as optimism surrounding trade talks between Washington and Beijing soothed investor concerns, boosting global stocks and the dollar.
U.S. President Trump downplaying the recent escalation in his trade war with China as "a little squabble" and insisting that talks between the two countries had not collapsed.
Italy’s deputy prime minister said the country is ready to break European Union budget rules on debt levels if necessary to spur employment.
The ongoing Sino-U.S. trade dispute has illustrated cooling conditions as both parties expressed willingness to resolve existing trade differences.
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