Gold falls on improved sentiment amid US-China trade deal, dollar recovery

Gold prices fell on Tuesday as risk appetite improved on bets China and the United States may be closing on a trade deal, and as the dollar bounced off a 2-1/2-month low hit in the previous session. Spot gold was down 0.5 percent at $1,282.70, as of 0516 GMT, while U.S.

gold futures were 0.5 percent lower at $1,283.50 per ounce. "Because of improved investor sentiment, gold is coming off its highs and may have to stay around the current levels," said Mark To, head of research at Wing Fung Precious Metals in Hong Kong. "The.

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