Gold is seeing a solid two-way business in Asia. The yellow metal jumped to $1,517 on reports of the US-China trade talk fallout. White House dismissed the news, leading to a pullback in Gold. Gold is currently trading at $1,512 per Oz, representing 0.30% gains on the day, having hit a high of $1,517 at 22:55 GMT on Wednesday. The yellow metal had picked up a strong bid at lows near $1,505 on reports stating that lack of progress in the US-China trade talks. High-level talks are expected to last for only one day, with Liu He and his team now planning to leave Washington on Thursday, South China Morning Post cited a person with knowledge of the matter. The news report triggered risk aversion, sending the futures on the S&P 500 down by more than 0.5%. The risk-off, however, has weakened somewhat in the last few minutes with White House’s spokesperson Judd Deere calling SCMP report inaccurate. Deere told CNBC’s Washington Correspondent Kayla Tausche that the White House is not aware of a change in the Vice Premier Liu His plans at the time and the Chinese are scheduled to depart Friday evening. Gold trimmed gains after Deere’s comments. Prices dropped to $1,507 a few minutes before press time, before bouncing back to $1,512. The yellow metal, however, may again rise to levels near $1,520 if the White House confirms the news of trade-talk fallout. It is worth noting that Fox Business is also reporting an early end of trade talks. Technical levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Forex News Today: Daily Trading News share Read Next Ethereum price analysis: ETH/USD crosses $190 for the first time since September 24, will $200-level be passed? FX Street 3 years Gold is seeing a solid two-way business in Asia. The yellow metal jumped to $1,517 on reports of the US-China trade talk fallout. White House dismissed the news, leading to a pullback in Gold. Gold is currently trading at $1,512 per Oz, representing 0.30% gains on the day, having hit a high of $1,517 at 22:55 GMT on Wednesday. The yellow metal had picked up a strong bid at lows near $1,505 on reports stating that lack of progress in the US-China trade talks. High-level talks are expected to last for only one day, with Liu He and his… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.