Gold prices fell for a second straight session on Thursday, as signs of easing global trade tensions dampened demand for safe-haven assets. Spot gold was down 0.5% at $3,370.69 per ounce, by 01:45 p.m.

Gold and silver slumped to three straight daily losses after a strong start to the week, as investors shifted their focus to riskier markets after the U.S. and Japan announced a trade agreement that would impose a 15% tariff on Japanese imports into the U.