Gold retreated on Monday as easing U.S.-China trade tensions boosted investors' risk appetite and dented the demand for the safe-haven metal, while a stronger dollar also piled on the pressure. Spot gold fell 0.

Gold prices fell over 1% on Monday, with spot gold slipping 0.9% to $3,289.97 an ounce. The dollar index rose 0.3%, reducing gold’s appeal to holders of other currencies. UBS analyst Giovanni Staunovo said easing trade tensions and reduced Fed concerns are lowering safe-haven demand,