#USChinaTradeTalks Markets Hold Their Breath!**

**🔹 Key Highlights:**

Gold Rises** (+0.6%) as the **dollar weakens** and investors watch talks in London. Safe-haven demand lingers amid geopolitical tensions .

Platinum Soars** to a 4-year high (+4%), while silver and palladium also gain sharply .

Focus on Tariffs**: Senior officials discuss rolling back recent trade restrictions—a temporary pause last month eased investor nerves .

**🔹 Why It Matters:**

- A **deal could boost risk appetite**, but gold may dip slightly (though long-term drivers like rate cuts and inflation loom) .

- **CPI Data Ahead**: Friday’s U.S. inflation report could sway Fed rate-cut bets—adding another layer to market volatility .

**🔹 Geopolitical Edge**:

- Russia’s advances in Ukraine remind markets why **gold** remains a hedge against uncertainty .

- China’s central bank keeps stacking gold (7 straight months!), signaling long-term caution .