Gold falls as positive US-China talks hamper safe-haven appeal
May 12 (Reuters) – Gold slipped on Monday as positive U.S.-China trade talks alleviated market fears, leading investors to shift from safe-haven assets towards riskier investments. Spot gold fell 1.4% to $3,277.34 an ounce, as of 0432 GMT. U.S. gold futures lost 1.9% to $3,281.70. “The dollar index has advanced as the Trump administration touted progress in trade negotiations, with China following negotiations over the weekend in Switzerland which weighed on gold prices,” said Jigar Trivedi, senior commodity analyst at Reliance Securities. The U.S. and China ended high-stakes trade talks on a positive note on Sunday, with U.S. officials touting