Gold price bulls could regain control amid fading US-China trade deal optimism

  • Gold price (XAU/USD) attracts fresh buyers during the Asian session on Thursday, reversing the previous day's heavy losses and snapping a two-day losing streak to the $3,260 area or the weekly low. US Treasury Secretary Scott Bessent's remarks on Wednesday suggest the current trade standoff between the US and China could continue for a while longer.