Gold futures twisted in mixed action before dropping early Tuesday as potential trade war concerns touched nearly all financial markets.
The yellow metal remained within a whisker of the lowest levels of 2018, plumbed last week when gold shed almost 2% for the week as it bucked what is typically a haven role when markets are roiled.
August gold GCQ8, -0.32% fell $5, or 0.4%, to $1,275.40 an ounce and has ranged between $1,274.40 and $1,286.80 so far Tuesday. July silver SIN8, -0.82% shed 15 cents, or 0.9%, at $16.29 an ounce, after registering a 1.6% weekly decline on Friday and dropping Monday.