Investing.com-- Gold prices held steady in Asian trading on Monday after modest gains last week as the dollar remained near a four-month low amid uncertainties around U.S. trade policies.

Consumer prices in China have plunged to their lowest level in more than a year, highlighting persistent deflationary pressures in the world’s second-largest economy.

Investing.com-- Chinese consumer and producer inflation ... Weak local demand also dragged down factory gate inflation, with the producer price index shrinking 2.2% y-o-y- more than expectations ...

China's consumer prices fell 0.7% year-on-year in February, a 13-month low, exceeding the expected 0.5% drop and reversing January’s 0.5% rise. Producer deflation also continued, down 2.2% year ...

As you see in the chart below, the bearish day created by the CPI was completely reversed on the next day when PPI didn’t confirm the hot CPI inflation data and tariff news turned out to be less ...

bouncing after recent hefty losses even as weak inflation data from top importer China kept traders on edge over slowing demand. At 09:10 ET (13:10 GMT),... The bull/bear ratios have dropped sharply ...