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Gold fell as risk sentiment improved on hopes for a China-US trade deal and the dollar bounced off a 2.5-month low. Spot gold was down 0.6 percent at $1,281.32 an ounce.
Improved trade sentiment reduces safe-haven demand and points to firmer risk assets, though gold itself has minimal direct effect on feed commodity prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.