Gold falls on trade deal progress, tariff reprieve extension

By Anmol Choubey (Reuters) - Gold prices dropped on Monday after U.S. President Donald Trump signalled progress on multiple trade agreements and announced extended tariff reprieves for several countries, dampening demand for the safe-haven metal. Spot gold fell 0.8% to $3,306.85 per ounce, as of 0430 GMT. U.S. gold futures were down 0.8% at $3,315.70. The U.S. is close to finalising several