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The price of gold fell to its lowest level in two weeks, under the pressure of the dollar, while expectations of a quick solution to the trade dispute between the United States and China have calmed down as a result comments from the US Trade Representative..
The metal fell to its lowest level since February 15th at $ 1316.43 an ounce earlier in the session..
The futures on US gold fell 0.5% in settlement, to 1321.2 dollars an ounce..
The dollar index rose 0.2% after the US trade representative Robert Laitheiser said that Washington's problems with China were "far more serious" than China's promises to buy more American products..
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