Gold steady as investors eye US-China summit and Iran war
Spot gold remained stable at 4,713.39 dollars per ounce as market participants awaited diplomatic talks between President Trump and Xi Jinping. Concerns over the Strait of Hormuz and India raising import tariffs to 15 percent also influenced sentiment.
Xurve View
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Xurve View
Gold held steady at $4,713.39 per ounce on Wednesday morning as investors awaited a key U.S.-China summit. Prices remained flat following a 0.7% gain in U.S. gold futures to $4,721.80 during the previous session. Geopolitical tension in the Middle East and shifting monetary policy create a complex risk environment for bullion.
