Gold steady as investors await the outcome of the latest round of U.S.-China trade talks in Washington, with the Financial Times reporting that while the two sides remain at odds on implementation and enforcement of a deal, most other roadblocks have been cleared.
Traders were also weighing the outlook for the economy after the World Trade Organization slashed its global trade growth projection for 2019, while ordersplaced with U.S. factories for business equipment fell in February for the third time in four months. Focus now turns to key U.S. jobs numbers due on Friday.
Spot gold +0.1% at $1,293.41/oz at 7:46am in London; +0.4% on Tuesday.
Source : Bloomberg