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Gold prices rise after 2-day skid as China trade-deal signing looms

MarketWatch - Gold prices climbed on Wednesday as investors adopted a cautious stance ahead of the expected White House signing of a partial agreement between the U.S. and China later in the session.

Doubts that the so-called phase one trade pact will alleviate tensions between Beijing and Washington have kept bullion prices afloat, commodity strategists say. The longstanding trade dispute has stoked uncertainty in markets and have been blamed for weakening global economic expansion, offering a tailwind for gold prices.

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