Gold fell — after posting its first weekly drop since mid-August — as progress on a US-China trade deal sapped haven demand.
Bullion declined as much as 1.3% to near $4,058 an ounce. The US and China signaled they were nearing completion of a sweeping deal as President Donald Trump visits Asia for a series of diplomatic engagements. An agreement may ease some of the economic risk and geopolitical tensions that have bolstered the precious metal.
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