# PRECIOUS-Gold falls on improved risk sentiment, dollar recovery By Reuters

> 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.

- Date: 2019-01-08 · published 2019-01-08T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/61010-precious-gold-falls-on-improved-risk-sentiment-dollar-recovery-by-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Improved trade sentiment reduces safe-haven demand and points to firmer risk assets, though gold itself has minimal direct effect on feed commodity prices.

## Read by commodity

- DXY: bullish ▲

## Sources

- ca.investing.com: https://ca.investing.com/news/commodities-news/preciousgold-steady-as-dollar-sags-on-fed-rate-pause-bets-1369792

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.