Ammon News - Gold retreated on Monday as easing U.S.-China trade tensions boosted investors' risk appetite and dented demand for safe-haven assets such as bullion, while a stronger dollar also piled on the pressure.

Spot gold was down 0.8% at $3,292.43 an ounce, as of 0431 GMT. Bullion hit a record high of $3,500.05 on April 22.

U.S. gold futures rose 0.2% to $3,303.70.

The dollar rose 0.2% against a basket of currencies, making bullion more expensive for overseas buyers.

Spot silver dropped 0.6% to $32.88 an ounce, platinum eased 0.2% at $969.73 and palladium lost 0.6% to $943.28. Reuters