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18 April 2024

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Gold steadies as easing US-EU trade tensions cap gains

28-05-2025 09:00 AM


Ammon News - Gold steadied on Wednesday, as investors bought on the dip, although gains were capped on easing U.S.-EU trade tensions, with the market now awaiting the upcoming U.S. core Personal Consumption Expenditures (PCE) report for interest rate clues.

Spot gold was flat at $3,297.19 an ounce, as of 0413 GMT. Bullion fell more than 1% in the previous session.

U.S. gold futures were down 0.1% to $3,296.

Spot silver was steady at $33.28 an ounce, platinum was unchanged at $1,079.72 and palladium fell 0.3% to $975.14. Reuters




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