Gold is trading in a narrow range near $4,700 amid low volatility as traders await the conclusion of the US-China summit in Beijing. The meeting between Presidents Trump and Xi Jinping is a critical event, with potential implications for global trade relations and market sentiment. Any signs of progress or escalation in trade talks could trigger significant moves in gold prices, given its status as a safe-haven asset. Traders should monitor summit outcomes closely, as geopolitical uncertainty tends to bolster gold demand, while positive developments may temper safe-haven flows.