India, April 24 -- Gold bounced back on Thursday, rising more than 1 percent after hitting a one-week low in the previous session.
Spot gold jumped 1.5 percent to $3,337.32 per ounce in European trade while U.S. gold futures were up 1.6 percent at $3,347.30.
The dollar weakened after a brief rebound as trade war fears resurfaced.
U.S.-China trade deal optimism faded after U.S. Treasury Secretary Scott Bessent said there were no plans for President Trump to move first in lowering tariffs to ease Sino-U.S. tensions, echoing comments from White House spokesperson Karoline Leavitt that there will be no unilateral reduction in tariffs against China.
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