Gold edges down amid clash over status of US-China trade talks

  • Gold price (XAU/USD) is on the back foot on Friday, almost erasing all of Thursday's gains, and looks set to close off this week in the red. The downmove comes amid increasing confusion on what is the status of the trade conflict between the United States (US) and China, with  US President Donald Trump giving the impression that talks are taking place and China denying it.