Gold recovered on Tuesday as bargain-hunters stepped in after prices hit a more than one-week low in the previous session, pressured by a U.S.-China tariff truce that lifted appetite for riskier assets and dented bullion's safe-haven appeal.

Gold emerges as the most crowded trade amid trade uncertainty, with 58% of investors going 'long.' Discover why gold is hot and the dollar hits

Gold prices dropped over 3% to $2,228 per ounce after a temporary tariff rollback between the U.S. and China reduced the metal's appeal as a safe-haven ass

Gold prices on Tuesday were hovering near a more than one-week low hit in the previous session, as a U.S.-China agreement to temporarily halt reciprocal tariffs boosted risk appetite, diminishing gold's safe-haven appeal.

The price of gold was tumbling on Monday after the U.S. and China announced a deal to cut tariffs on each other's goods, causing investors to pivot to risk-on assets. Futures prices dropped 3.7% to $3,

China expanded its gold reserves for a sixth straight month in April, underlining its push to boost holdings of the precious metal as prices trade near a record and the trade war rumbles on.Most Read from BloombergThe Battle Over the Fate of Detroit’s Renaissance CenterNYC Real Estate Industry Asks Judge to Block New Broker Fee LawVail to Borrow Muni Debt to Ease Ski Resort Town Housing CrunchIceland Plans for a More Volcanic FutureNJ Transit Strike Would Be ‘Disaster’ for Region,

Safe-haven gold fell 3% on Monday as risk sentiment crept in following the announcement of a temporary deal between the United States and China to reduce tariffs.

The US and China's trade deal sent the market skyrocketing, but the brightest minds on Wall Street aren't all as optimistic.

Experts credited the surge to buying from the Asian market, and China in particular, telling Newsweek that gold bugs in both the public and private spheres appear to be increasingly banking on the metal's long-term safe-haven status, given the contemporary ...

China's central bank has approved foreign exchange purchases by some commercial banks to pay for gold imports under recently increased quotas, two people with direct knowledge of the matter said on Wednesday.