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Asian market early session gold slightly lower, trade tensions show signs of easing.
Jin10 data reported on October 20, gold has slightly declined due to signs of easing trade tensions, which may weaken the safe-haven appeal of the precious metal. IG Group analyst Chris Beauchamp stated: “The seemingly unstoppable rise in gold prices has finally hit a speed bump.” The chief market analyst added: “Investors will have to wait and see if the selling continues on Monday, indicating that this round of brilliant rise may have reached a short-term top.”