The "first light of dawn" appears in the China-US trade negotiations, and the fading of risk aversion leads to a reversal in the rise of gold prices.

As of the latest update from the Sina Finance app, despite the ongoing escalation of military conflicts between India and Pakistan, positive signals from the China-US trade negotiations have led to a sharp decrease in market risk aversion. As a result, the price of gold plummeted, ending its previous two-day uptrend.