Gold futures fell to the lowest in more than a month on reduced safe-haven demand after the week started with the sudden de-escalation in the Israel-Iran conflict and ended with a U.S.-China framework agreement that lifted hopes for an improving outlook on President Trump's trade policy.

Gold fell 2% on Thursday, hitting a near one-month low, after a U.S.-China trade agreement boosted risk appetite and diminished bullion's appeal as a safe-haven asset. Spot gold eased 1.5% to $3,277.17 per ounce by 0200 p.