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Metals Stocks: Gold ends little changed as dollar weakens, with risk appetite buttressed by U.S.-China trade talk

Gold futures finished near unchanged levels on Wednesday as reported progress in negotiations between the U.S. and China bolstered appetite for stocks and away from bullion, while the U.S. dollar softened.

Gold for June delivery GCM9, -0.05% on Comex edged 10 cents, or less than 0.1%, lower to settle at $1,295.30 an ounce, while May silver SIK9, +0.19% picked up 4.1 cents, or 0.3%, to end at $15.102 an ounce.

The yellow metal drifted up after data from payment processor Automatic Data Processing Inc.’s report showed private-sector payrolls rose by 129,000 in March, below average analysts’ estimates polled by FactSet for 165,000 jobs and below last months February reading of 197,000.

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