Spot gold reversed its trend on Thursday as reports that U.S. President Trump may sign a trade deal with the UK weighed on the market, ChainCatcher reported. Investors await the outcome of U.S.-China trade talks this weekend. Jigar Trivedi, senior commodity analyst at Reliance Securities, said any easing of the trade war and reduction in uncertainty would be negative for gold. If the U.S. announces a trade deal with the UK, it would have a positive impact on the overall global economy.