if you are interested in it , Get free samples :sales@edabearings.com

The price of gold fell on Tuesday and fell back from the high level of nearly six weeks. As the rise of the US dollar, global financial market risk will recover, but gold prices continue to be supported by a series of geopolitical tensions.

The dollar rose against a basket of currencies, and it was willing to warm up because of risks and reduce investor interest in the dollar. Higher US dollar-denominated gold is more expensive for non-US investors.

The stock market jumped and reacted to Sino-U.S. negotiations to avoid reports of an outbreak of trade war, which hurts the appeal of gold as a hedging tool.

"It will take several months of negotiations, and the uncertainty surrounding the global trading situation may be erased. During this period, gold will often benefit," said Simona Gambarini, commodities analyst at Capital Economics.

"In the short term, we will definitely see (gold) rise."

At 1740 GMT, spot gold fell 0.7% to $1,343.84 an ounce, after hitting a maximum of $1,356.66 from February 16.

US April gold futures closed down 13 US dollars, or 1%, to US$1,342 per ounce.

Market participants are waiting for key economic data, after Powell, the new chairman of the US Federal Reserve Board (Fed), said last week that it looks like the US economy has not overheated.

The next employment report will provide clues on the pace of future US interest rate hikes.

---

PREVIOUS:Last year, the price of commercial land in local districts in Japan rose for the        NEXT:WTO Director-General believes that the United States does not show signs of alie