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Gold stronger as Sino-U.S. exchange talk optimism fades

On Tuesday gold rates held firm as positive thinking encompassing Sino-U.S. exchange talks blurred, while traders anticipated the result of critical dialogs that will decide how Britain will leave the EU.

goldPhoto: Flickr

Spot gold was flat at $1,492.32 per ounce starting at 0613 GMT. U.S. gold futures skidded 0.1 percent to $1,496.40 per ounce.

Constraining gold's additions, Asian shares, and Wall Street futures crept higher as certain traders held out the expectation that Britain still got an opportunity to dodge a chaotic departure from the EU at key talks the current week.

Authorities from Britain and the EU will meet at the crucial summit on Thursday and Friday that will decide if Britain is set out toward a no-deal Brexit.
Palladium was stifled at $1,714.85 an ounce, following hitting a new record high of $1,720.97 during the past session.

Silver tumbled 0.1 percent to $17.64 per ounce and platinum dropped 0.4 percent to $889.34.

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