Gold prices sank further Wednesday and major stock markets mostly fell on fresh economic jitters caused by China-US trade uncertainty and a batch of weak company earnings.

Most European equity indices were lower and Wall Street fell slightly at the US open after declines in most Asian markets earlier.

London's benchmark FTSE 100 index was a rare climber as the pound dropped on lower-than-expected UK inflation data that signalled another potential interest-rate cut from the Bank of England this year.

Gold was once again a major focus after plunging six percent on Tuesday, a sell-off from record highs that rattled investor confidence in what is traditionally a safe-haven asset.

Traders are "desperately trying to gauge whether... (Tuesday's) historical collapse was indicative of a new per

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