Gold prices fell on Friday, erasing gains from the previous session after Beijing announced exemptions for some U.S. goods from 125% tariffs, signaling a thaw in the trade dispute and reducing bullion's appeal as a hedge.
At the same time, the dollar index approached the 100 mark, making dollar-priced bullion more expensive for overseas buyers, while U.S. Treasury yields edged higher as Fed officials reiterated their patience with policy.
Source: Newsmaker.id
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