Gold falls as easing US-China tensions curb safe-haven demand
April 28(Reuters) – Gold retreated on Monday as easing U.S.-China trade tensions boosted investors’ risk appetite and dented demand for safe-haven assets such as bullion, while a stronger dollar also piled on the pressure. Spot gold was down 0.8% at $3,292.43 an ounce, as of 0431 GMT. Bullion hit a record high of $3,500.05 on April 22. The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here. U.S. gold futures rose 0.2% to $3,303.70. The dollar rose 0.2% against a basket of currencies, making bullion more expensive for overseas buyers.