Mumbai, April 23 -- Gold tumbled by over 2% in early Asia on Wednesday as dollar index advanced above 99 mark amid hopes of easing trade tensions between US and China after US Treasury Secretary Scott Bessent revealed that he saw a de-escalation with China. US President Donald Trump reportedly said at a press conference that his discussions with China are going well, adding that he thinks they will reach a deal. He said that tariffs on China would not be as high as 145%, but they wouldn't be zero. Meanwhile, he also calmed market apprehensions saying he had no intention of firing Fed Chair, improving overall sentiments about the US economy which drove dollar higher. Currently, dollar index is quoting at 99. 06 while COMEX gold futures are a...