Gold dropped as investors looked to pick up riskier assets amid renewed optimism the U.S. and China will sign the first phase of trade deal by the middle of November.
In another sign the trade dispute is dragging on economic growth, data from China showed its third-quarter economic growth slowed to its weakest pace in almost three decades.
India's gold imports plunged 68% year-on-year in September to their lowest in over three years as record domestic prices curbed retail buying.
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