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Gold Edges Lower as Eased China-US Trade Concerns Reduce Safe-Haven DemandSingapore, 14 May (ONA) — Gold prices today edged lower as softening trade tension between the US and China weakened safe-haven demand, while markets eyed another set of inflation data to assess the Federal Reserve’s policy path.
Spot gold fell 0.1% to $3,246.21 an ounce. US gold futures rose 0.1% to $3,250.50.
Spot silver eased 0.3% to $32.80 an ounce, platinum fell 0.1% to $987.55 and palladium lost 0.8% to $949.26.— Ends/Khalid
