Gold prices continued to decline in early European session on Monday (12/5), pressured by the strengthening US Dollar. This was accompanied by optimism in US-China trade talks in Geneva, Switzerland, over the weekend that dragged the precious metal lower.
The US and China ended high-stakes trade talks on a positive note on Sunday, with US officials touting a "deal" to reduce the US trade deficit, while Chinese officials said they had reached a "significant consensus".
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