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Gold futures finish sharply lower as US-China trade talk progresses

28 Oct 2025 Evaluate
Gold futures finished sharply lower on Monday, as the safe haven appeal of the bullion got dented amidst encouraging developments in US-China trade talks. Both countries affirmed that they had reached a framework agreement on tariffs and other key issues during weekend talks in Malaysia.

Gold futures for December delivery tumbled by $118.10 or 2.85% to settle at $4,019.70 an ounce on the Comex division of the New York Mercantile. While, spot gold down by $9.69 or 0.24% to $3,972.52 an ounce.

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