Gold prices fell to their lowest level in over a month on Thursday, as investors awaited U.S. inflation data that could shed light on the Federal Reserve’s monetary policy path. Meanwhile, easing trade tensions between the United States and China negatively impacted the appeal of the yellow metal as a safe haven.
The United States and China had agreed to significantly reduce tariffs and implemented a 90-day truce, helping to ease a trade war that had threatened the global economy