Gold sheds 2% on signs of U.S.-China trade thaw

By Sumita Layek and Arpan Varghese (Reuters) - Gold fell 2% on Tuesday, reversing course from earlier in the session when it scaled a six-year peak, after the United States said it would delay tariffs on some Chinese products and on news that both sides agreed to continue trade talks. Spot gold was down 0.7% at $1,501.36 per ounce at 12:29 p.m. EDT (1629 GMT), having earlier hit its highest level since April 2013 at $1,534.31

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