Gold fell on Tuesday as softening trade tensions between the U.S. and its trading partners dulled the metal's safe-haven appeal, while investors awaited U.S. economic data to assess the Federal Reserve's policy path.

Gold fell further from last week’s record high as easing trade tensions instill new risk appetite into global markets.

Gold retreated sharply from an all-time high in the past week as risk-aversion sentiment abated following Trump’s softened tone on China tariffs. While the price drop may continue in the near term, analysts expect gold to extend its long-term rally due to ongoing uncertainties.

Nations are being forced to choose between siding with China or the U.S. as President Donald Trump’s trade war locks the world’s two largest economies on a collision course.

As President Donald Trump’s trade war locks the world’s two largest economies on a collision course, America’s unnerved allies and partners are cozying up with China to hedge their bets

China has advanced this year's stimulus plans but is holding off on fresh measures as it tries to maintain composure, betting on Washington blinking first in a protracted trade war. The Communist Party's elite decision-making body,