Gold was steady in early Asian trade, supported by signs of worsening U.S. household sentiment that could maintain the precious metal's appeal as a safe haven. The Conference Board's monthly survey on Tuesday showed forward expectations for income, business and labor market conditions fell to a 12-year low. Additionally, "ongoing trade tensions could dampen economic growth, supporting gold prices," Konstantinos Chrysikos of Kudotrade said in an email. Investors may want to keep an eye on economic data and updates on U.S. trade policy, the head of Client Relationship Management added. Spot gold was little changed at $3,021.11/oz. (Newsmaker23)
Source: Dow Jones Newswires
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