Gold flat as easing trade tensions offset boost from soft dollar



Gold prices steadied after a prior session dip, as easing trade tensions reduced demand for the safe-haven asset. However, a weaker dollar offered some support. Optimism over progress in the U.S.-Japan trade deal and a possible U.S.-EU agreement lifted risk appetite. Investors now turn their focus to upcoming U.S. jobless claims and PMI data, ahead of the Federal Reserve’s next monetary policy decision.

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