Gold Holds Decline as EU-US Trade Talks Weigh on Haven Demand
Gold held a small decline as demand for haven assets cooled, with investors weighing prospects for improving trade relations between the US and the EU.
Bullion traded near $3,347 an ounce, following a 0.4% loss on Monday, after Brussels said it would accelerate negotiations with Washington to avoid a trans-Atlantic trade war. Both sides have softened their approach after US President Donald Trump initially criticized the bloc for dragging its feet on talks.
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