Friday 1 June 2018

Gold Steady Amid Renewed Trade Tensions

Gold prices were steady in early Asian trade on Friday amid renewed fears of a global trade war, while a firm dollar and positive U.S. economic data weighed on the market.

Spot gold was nearly unchanged at $1,298.20 per ounce by 0356 GMT, while U.S. gold futures for June delivery were down 0.2 percent at $1,298 per ounce. Spot gold is down slightly this week.

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