India, April 25 -- Treasury yields gained and the dollar edged up on Friday, pushing gold prices down around 1 percent to around $3,300 per ounce.
Spot gold fell 1.2 percent to $3,308.34 per ounce in early European trade and looks set to close off the week in the red. U.S. gold futures were down 1 percent at $3.315.14.
The dollar index jumped at the end of a volatile week and was eyeing a weekly rise after U.S. President Donald Trump said that his administration was talking with China on trade.
Beijing said no trade talks are underway with the U.S., but the latest reports suggest that China may exempt tariffs on some U.S. imports.
China has granted some tariff exemptions on American imports and is considering lifting other duties, the F...