Gold prices surged after the U.S. Federal Reserve signalled possible interest rate cuts later this year, sending the dollar and U.S. Treasury yields lower.
The Fed said it was ready to battle growing global and domestic economic risks with interest rate cuts beginning as early as next month.
The bulk of Fed policymakers slashed their rate outlook for the rest of the year by roughly half a percentage point.
U.S. Trade Representative Robert Lighthizer said he will confer with his Chinese counterpart Vice Premier Liu He before next week's meeting.
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