The president abruptly walked out of a meeting Wednesday, saying he would not negotiate with Democrats while they continue to investigate him.Politicsread more
Talk about 5G is everywhere right now, from the trade-war with China to the ban on Huawei. Here's what 5G is and why it matters.Technologyread more
When the Fed releases minutes of its last meeting on Wednesday afternoon, it risks sounding a bit hawkish.Market Insiderread more
Ireland's privacy watchdog, which leads supervision of Google in the EU, launched an inquiry into the firm's online advertising practices.Technologyread more
These are the stocks posting the largest moves midday.Market Insiderread more
Americans in certain areas of the country have significantly higher average credit scores than others. Experian's annual State of Credit report shows the average score in each...Spendread more
More voters in five key industrial states disapprove than approve of Trump's handling of trade — 56% to 41%, according to a report.Politicsread more
Morgan Stanley caused a stir with its "bear case" scenario of $10. Now, Citi is getting in on the act.Investingread more
Target's CEO thinks the retail industry is shaking out to show clear winners and losers. Those companies that are investing in stores and online are winners, he said.Retailread more
A put credit spread is a good, risk-conscious way to trade the volatile semiconductor cohort, says TradingAnalysis.com founder Todd Gordon.Trading Nationread more
Treasury Secretary Steven Mnuchin says he has spoken with a top Walmart executive about how it can keep prices low amid the U.S.-China spat.Marketsread more
* Gold on track to break 3-session winning streak
* Latest round of trade talks to be held on Thursday, Friday
* Indian gold buying seen supporting physical demand (Adds quotes and details, updates prices)
May 8 (Reuters) - Gold prices slipped after climbing to a more than three-week peak on Wednesday as safe haven demand eased after the White House said it had received an indication from China that Beijing wanted to make a trade deal.
Spot gold was 0.3 percent lower at $1,280.76 per ounce at 1:57 pm EDT (1757 GMT).
U.S. gold futures settled down 0.3 percent at $1,281.40.
Trade delegations from Washington and Beijing are scheduled to begin a new round of talks on Thursday.
"Investors are optimistic about a decent deal coming out of these talks, which in turn is raising the appetite for riskier assets, weighing down on gold," said Michael Matousek, head trader at U.S. Global Investors.
A gauge of world equity markets rose after White House spokeswoman Sarah Sanders said the United States has received an indication from China that it wants to make a trade deal.
"As the news comes in that the trade talks are back on, some of the haven seekers are exiting. We are continuing to look for headlines," said George Gero, managing director at RBC Wealth Management.
U.S. President Donald Trump on Sunday vowed to raise tariffs on $200 billion worth of Chinese goods to 25 percent from 10 percent on Friday.
In response to the potential additional tariffs, China's commerce ministry said it would have to take necessary retaliatory measures.
"We are seeing that a lot of traders who stepped in over the last couple of days are now taking profits. Looking at today's movement it seems temporary," Matousek said.
Gold posted gains in the previous three sessions and climbed to its highest since April 15 at $1,291.39 per ounce earlier in the session on concerns over the trade dispute's potential impact on global growth.
Lower Treasury yields and higher physical demand from India in a festive season also drove prices up earlier in the day, according to Suki Cooper, precious metals analyst at Standard Chartered Bank.
Indians are expected to buy at least 10 percent more gold during the annual Hindu and Jain holy festival of Akshaya Tritiya than a year ago, supporting physical demand in Asia. The country is the world's second-biggest gold consumer.
Uncertainties between the United States and China, and a Federal Reserve that is unlikely to hike interest rates this year or next are some of the factors that will keep gold supported, UBS analysts said in a note.
Silver slipped 0.4 percent to $14.84 per ounce, while platinum was down 1.1 percent at $858.50.
Palladium dipped 1 percent to $1,314.01 an ounce, having touched a one-week low of $1,311.51 earlier in the session. (Reporting by Eileen Soreng and Diptendu Lahiri in Bengaluru Editing by Susan Thomas and Steve Orlofsky)