Gold turns lower as U.S.-Japan trade deal calms market nerves

1 day ago 1
stack of shiny gold bars 3d illustration

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Gold futures retreated Wednesday, snapping a three-day winning streak, on fresh macro optimism following the announcement of a U.S.-Japan trade deal and reports that the U.S. and European Union are closing in on a deal, lifting investor sentiment and trimming demand for safe-haven assets.

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