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Gold Prices Slip as China, U.S. Trade Talks Near Finish

Prices of the safe-haven gold fell on Tuesday in Asia amid more positive developments in the Sino-U.S. trade talks.

Gold futures for June delivery, traded on the Comex division of the New York Mercantile Exchange, were down 0.2%, at $1,288.15 per ounce by 12:55 AM ET (04:55 GMT).

U.S. Treasury Secretary Steven Mnuchin said on Monday that Washington and Beijing might be “close to the final round” of their trade negotiations.

Mnuchin told Fox Business Network on Monday negotiations were “making a lot of progress.”

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