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Gold Prices Slip Below $1,500 on Trade Talks Optimism

Gold prices fell below the $1,500 level on Tuesday in Asia. Thus, U.S. President, Donald Trump, said the signing of a partial deal might be “ahead of schedule.”

U.S. Gold Futures for December delivery slipped 0.1% to $1,494.35 per ounce.

Also, U.S. stocks closed higher overnight. However, Asian shares traded mostly in the green on Tuesday after Trump said a partial trade deal between Beijing and Washington could reach soon.

Trump told reporters that they are seeking to be ahead of schedule to sign a significant part of the China deal. They will call it Phase One, but it’s a considerable portion.

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