New York - Saba:
Gold prices fell in trading on Monday after the conclusion of trade talks between China and the United States, which were described as positive, alleviating investor anxiety and reducing demand for safe-haven assets.
Comex June gold futures fell 1.84% to $3,282.50 per ounce.
Spot gold futures fell 1.52% to $3,274.28 per ounce, according to trading data.
Concerning black gold, oil prices rose on Monday after progress in trade talks between the United States and China.
According to Bloomberg, Brent crude futures rose 27 cents to $64.18 a barrel, while West Texas Intermediate crude futures rose 28 cents to $61.30 a barrel.
Both crudes rose more than $1 on Friday and have risen more than 4 percent over the past week.
The United States and China concluded important trade talks on a positive note on Sunday, with U.S. officials speaking of an "agreement" to reduce the U.S. trade deficit, while Chinese officials said they had reached an "important consensus."
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