The Financial Post reports in its Friday, Oct. 31, edition that gold advanced following a run of losses, as traders digested the outcome of a meeting between President Donald Trump and Chinese leader Xi Jinping. A Bloomberg dispatch to the Post reports that bullion rose as much as 2.1 per cent, after falling almost 5 per cent over the previous four sessions. Mr. Trump said it was an "amazing meeting" and that China would halt rare earth controls and resume purchases of American soybeans. Mr. Xi said his country is willing to co-operate with the U.S. in areas such as trade, energy and AI, according to the official Xinhua News Agency. Earlier, Federal Reserve Chair Jerome Powell downplayed the likelihood of a December reduction. Still, despite Mr. Powell's unusually direct remarks, the vote marked the third straight meeting in which officials lodged dissents against the majority decision -- a run not seen since 2019. Saxo Market's Charu Chanana says: "This looks like an early attempt to reset the U.S.-China narrative by re-engaging selective trade channels to restore confidence. Gold is, however, still sniffing out uncertainty, pricing a soft easing bias from the Fed and lingering geopolitical risk."