Gold retreated from its biggest one day move in 3-months on Tuesday as equity markets bounced after the United States and China adopted a more optimistic tone on their trade dispute.
On Monday, gold rose 1.1% after China announced it would impose higher tariffs on a range of U.S. goods, which followed Washington's decision last week to hike its own levies on $200 billion in Chinese imports.
Where are commodity prices heading next? Watch Phil Carr at The Gold & Silver Club review Gold with the latest price forecast and predictions:
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