Gold is steady in the early Asian trade. The precious metal's safe-haven status is even more appealing with a U.S. administration as unpredictable and disruptive as Trump, says Justin Smirk, Westpac Group's senior economist in a report.
Traders remain concerned that Trump's reciprocal tariff plan will raise global trade tensions, ANZ Research analysts say noting his latest tariff threat includes levies on automobiles.
Spot gold is flat at $2,899.41/oz.
Source : Dow Jones Newswires
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