Gold prices edged lower, echoing a rebound in the US Dollar that undermined the appeal of anti-fiat assets. A drop in the benchmark EUR/USD exchange rate translated into broader strength for the benchmark currency as the leaders of Italy’s emerging populist coalition government selected EU critic Paolo Savona as Economy Minister. US President Trump also talked down trade talks with China, cooling earlier optimism that helped drive the greenback lower yesterday. Crude oil prices declined amid reports that OPEC may increase output next month. That was followed by further headlines suggesting that like-minded countries ... (full story)