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Gold prices inched up while the dollar slipped on Thursday following reports that China delivered a written response to U.S. trade demand, and that the two nations resumed talks earlier this week to diffuse their trade disputes.
Gold futures for December delivery on the Comex division of the New York Mercantile Exchange inched up 0.1% at $1,211.8 a troy ounce by 1:00 AM ET (06:00 GMT).
Meanwhile, Asian stocks were lifted by reports that Beijing and Washington resumed talks to diffuse their trade disputes earlier this week.
Citing three U.S. government sources, Reuters reported that China delivered a written response to the U.S. for trade reform. However, the sources did not provide any further details.
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