* Trump says tariffs on China cut to 47% from 57% * Fed cuts rates by a quarter of a percentage point (Updates for Asia midday session) By Brijesh Patel Oct 30 (Reuters) – Gold prices rose on Thursday, supported by a pullback in the dollar and an interest rate cut from the U.S. Federal Reserve, although signs of progress in U.S.-China trade talks kept gains in check. Spot gold was up 0.6% at $3,953.04 per ounce, as of 0529 GMT. U.S. gold futures for December delivery slipped 0.9% to $3,964.50 per ounce. The dollar index fell 0.2% after hitting a two-week high against its rivals in the previous session, making gold less expensive for other currency holders. "There's no catalyst for the rally other than a bit of a technical bounce. A lot has gone against gold this week. The looming U.S.-Chin

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