NNA - Gold fell more than 1% on Tuesday after briefly touching a record high of $3,500 earlier in the session, as comments by U.S. Treasury Secretary Scott Bessent hinting at a thaw in U.S.-China trade tensions fueled optimism in equities and strengthened the dollar.

Spot gold fell 1.5% to $3,372.68 an ounce by 3:46 p.m. EDT (1946 GMT), after rising as much as 2.2% to $3,500.05 earlier in the session. Meanwhile, U.S. gold futures settled 0.2% lower at $3,419.40.--Reuters

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